Index Trend Analysis Report
Prepared for you on Thursday, February 27, 2020.
NYSE Leveraged 2x AAPL Index (GIF:NY2LAAPL)
Long-Term Downtrend (-90) - NY2LAAPL is in a strong downtrend that is likely to continue. While NY2LAAPL 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 NY2LAAPL?
MarketClub looks at technical strength and momentum to determine if the timing is right for NY2LAAPL.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for NY2LAAPL
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 NY2LAAPL
Based on our trend formula, NY2LAAPL is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).