Index Trend Analysis Report
Prepared for you on Tuesday, April 7, 2020.
Direxion Daily Gold Miners Index Bear 3X Shares (GIF:DUST)
Long-Term Downtrend (-90) - DUST is in a strong downtrend that is likely to continue. While DUST is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid DUST?
MarketClub looks at technical strength and momentum to determine if the timing is right for DUST.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for DUST
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 DUST
Based on our trend formula, DUST is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).