Index Trend Analysis Report
Prepared for you on Wednesday, October 28, 2020.
US Global Jets ETF (GIF:JETS)
Strong Downtrend (-100) - JETS 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 JETS?
MarketClub looks at technical strength and momentum to determine if the timing is right for JETS.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for JETS
The long-term trend has been DOWN since Feb 24th, 2020 at 29.777
The intermediate-term trend has been DOWN since Oct 28th, 2020 at 17.071
The short-term trend has been DOWN since Oct 26th, 2020 at 17.661
Smart Scan Analysis for JETS
Based on our trend formula, JETS is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).