Index Trend Analysis Report
Prepared for you on Wednesday, April 21, 2021.
S&P 500 VIX Futures 6-Month Index (TR) (GIF:SPVIX6MT)
Countertrend Down (-85) - SPVIX6MT is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
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 DOWN since Mar 31st, 2021 at 27361.50
The intermediate-term trend has been DOWN since Mar 15th, 2021 at 30794.37
The short-term trend has been UP since Apr 16th, 2021 at 26668.42
Smart Scan Analysis for SPVIX6MT
Based on our trend formula, SPVIX6MT is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).