Index Trend Analysis Report
Prepared for you on Sunday, May 31, 2020.
Direxion Daily Junior Gold Miners Index Bull 3X Shares (GIF:JNUG)
Countertrend Up (+85) - JNUG is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid JNUG?
MarketClub looks at technical strength and momentum to determine if the timing is right for JNUG.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for JNUG
The long-term trend has been UP since May 19th, 2020 at 105.0040
The intermediate-term trend has been UP since Apr 13th, 2020 at 7.0807
The short-term trend has been DOWN since May 26th, 2020 at 97.1726
Smart Scan Analysis for JNUG
Based on our trend formula, JNUG is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).