Index Trend Analysis Report
Prepared for you on Tuesday, September 22, 2020.
S&P 500 VIX Mid-Term Futures Excess Return Index (GIF:SPVXMP.ID)
Long-Term Uptrend (+90) - SPVXMP.ID is in a strong uptrend that is likely to continue. While SPVXMP.ID is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid SPVXMP.ID?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPVXMP.ID.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SPVXMP.ID
The long-term trend has been UP since Feb 27th, 2020 at 10214.54
The intermediate-term trend has been UP since Aug 27th, 2020 at 17532.14
The short-term trend has been UP since Sep 16th, 2020 at 17411.56
Smart Scan Analysis for SPVXMP.ID
Based on our trend formula, SPVXMP.ID is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).