Index Trend Analysis Report
Prepared for you on Tuesday, September 22, 2020.
S&P 500 VIX Futures 6-Month Index (TR) (GIF:SPVIX6MT)
Bull Market Weakness (+75) - SPVIX6MT is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SPVIX6MT as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid SPVIX6MT?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPVIX6MT.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SPVIX6MT
The long-term trend has been UP since Feb 27th, 2020 at 18739.47
The intermediate-term trend has been DOWN since Sep 15th, 2020 at 29140.38
The short-term trend has been UP since Sep 16th, 2020 at 29798.60
Smart Scan Analysis for SPVIX6MT
Based on our trend formula, SPVIX6MT is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).