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Mutual Trend Analysis Report

Prepared for you on Tuesday, May 22, 2018.

DIREXION MONTHLY EMERGING MARKETS BULL 2X FUND (NASDAQ:DXELX)

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

NASDAQ_DXELX
Open High Low DXELX Price Change
56.71 56.71 56.71 56.71 +0.68
Entry Signal

MarketClub’s Trade Triangles for DXELX

long term up The long term trend has been UP since Feb 3rd, 2017 at 38.12

intermediate term down The intermediate term trend has been DOWN since Mar 22nd, 2018 at 61.28

short term down The short term trend has been DOWN since May 15th, 2018 at 59.38

Smart Scan Analysis for DXELX

Based on a pre-defined weighted trend formula for chart analysis, DXELX scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-60
Smart Scan Analysis for DXELX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
56.71 56.71 56.71 56.71 +0.68
Prev. Close Volume Bid Ask Time
56.71 2018-05-22 00:00:00
52wk High72.6652wk High Date2018-01-26
52wk Low45.0952wk Low Date2017-06-15
Year End Close60.18
Want to analyze DIREXION MONTHLY EMERGING MARKETS BULL 2X FUND DXELX or another symbol? Try our Free Mutual Trend Analysis Report.