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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.

GIF_3097
Open High Low 3097 Price Change
2.1471 2.1560 2.1465 2.1507 +0.1106
Entry Signal

MarketClub’s Trade Triangles for 3097

long term down The long-term trend has been DOWN since Feb 2nd, 2020 at 4.1811

intermediate term up The intermediate-term trend has been UP since May 17th, 2020 at 1.8754

short term up 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).

+70
Smart Scan Analysis for 3097
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.1471 2.1560 2.1465 2.1507 +0.1106
Prev. Close Volume Bid Ask Time
1.7035 0 2020-05-31 22:06:14
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