Index Trend Analysis Report
Prepared for you on Friday, November 27, 2020.
NYSE Leveraged 2x AAPL Index (GIF:NY2LAAPL)
Bull Market Weakness (+75) - NY2LAAPL is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on NY2LAAPL as it may be in the beginning stages of a reversal.
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 UP since Jun 3rd, 2020 at 495.41
The intermediate-term trend has been UP since Nov 9th, 2020 at 1067.21
The short-term trend has been UP since Nov 27th, 2020 at 988.90
Smart Scan Analysis for NY2LAAPL
Based on our trend formula, NY2LAAPL is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).