Index Trend Analysis Report
Prepared for you on Thursday, August 6, 2020.
S&P 500 VIX Futures Variable L/S Index ER ST (GIF:SPVXVSP)
Bull Market Weakness (+75) - SPVXVSP is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SPVXVSP as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid SPVXVSP?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPVXVSP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SPVXVSP
The long-term trend has been DOWN since Jul 13th, 2020 at 149.68
The intermediate-term trend has been UP since Aug 5th, 2020 at 153.37
The short-term trend has been UP since Aug 3rd, 2020 at 152.00
Smart Scan Analysis for SPVXVSP
Based on our trend formula, SPVXVSP is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).