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Index Trend Analysis Report

Prepared for you on Wednesday, October 21, 2020.

ProShares VIX Short-Term Futures ETF (GIF:VIXY)

Bear Market Rally (-75) - VIXY is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on VIXY as it may be in the beginning of a reversal.

Is it time to buy, sell, or avoid VIXY?

MarketClub looks at technical strength and momentum to determine if the timing is right for VIXY.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

GIF_VIXY
Open High Low VIXY Price Change
19.151 19.175 18.699 18.984 -0.033
Entry Signal

MarketClub’s Trade Triangles for VIXY

long term down The long-term trend has been DOWN since Jul 20th, 2020 at 23.632

intermediate term down The intermediate-term trend has been DOWN since Oct 8th, 2020 at 19.417

short term up The short-term trend has been UP since Oct 19th, 2020 at 18.918

Smart Scan Analysis for VIXY

Based on our trend formula, VIXY is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for VIXY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
19.151 19.175 18.699 18.984 -0.033
Prev. Close Volume Bid Ask Time
20.221 0 2020-10-21 12:29:24
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