Index Trend Analysis Report
Prepared for you on Tuesday, June 2, 2020.
NYSE Leveraged 2x AMZN Index (GIF:NY2LAMZN)
Strong Uptrend (+100) - NY2LAMZN is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, NY2LAMZN continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid NY2LAMZN?
MarketClub looks at technical strength and momentum to determine if the timing is right for NY2LAMZN.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for NY2LAMZN
The long-term trend has been UP since Apr 14th, 2020 at 3625.83
The intermediate-term trend has been UP since Mar 30th, 2020 at 2792.38
The short-term trend has been UP since Jun 1st, 2020 at 4204.78
Smart Scan Analysis for NY2LAMZN
Based on our trend formula, NY2LAMZN is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).