Index Trend Analysis Report
Prepared for you on Sunday, May 31, 2020.
Mirae Asset Horizons S&P Crude Oil Futures Enhanced ER ETF (GIF:3097)
Bull Market Weakness (+75) - 3097 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on 3097 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid 3097?
MarketClub looks at technical strength and momentum to determine if the timing is right for 3097.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for 3097
The long-term trend has been DOWN since Feb 2nd, 2020 at 4.1811
The intermediate-term trend has been UP since May 17th, 2020 at 1.8754
The short-term trend has been UP since May 31st, 2020 at 2.1210
Smart Scan Analysis for 3097
Based on our trend formula, 3097 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).