Index Trend Analysis Report
Prepared for you on Friday, October 23, 2020.
S&P 500 VIX Futures 3-Month Index (ER) (GIF:SPVIX3ME)
Weak Downtrend (-65) - SPVIX3ME is showing signs of a strengthening downtrend. Monitor SPVIX3ME as it may be building momentum to the downside.
Is it time to buy, sell, or avoid SPVIX3ME?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPVIX3ME.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SPVIX3ME
The long-term trend has been UP since Feb 25th, 2020 at 4011.34
The intermediate-term trend has been DOWN since Oct 9th, 2020 at 7457.52
The short-term trend has been DOWN since Oct 23rd, 2020 at 7338.35
Smart Scan Analysis for SPVIX3ME
Based on our trend formula, SPVIX3ME is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).