Index Trend Analysis Report
Prepared for you on Monday, April 6, 2020.
Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 3X Shar (GIF:DRIP)
Strong Downtrend (-100) - DRIP is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid DRIP?
MarketClub looks at technical strength and momentum to determine if the timing is right for DRIP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for DRIP
The long-term trend has been DOWN since at
The intermediate-term trend has been DOWN since at
The short-term trend has been DOWN since at
Smart Scan Analysis for DRIP
Based on our trend formula, DRIP is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).