Index Trend Analysis Report
Prepared for you on Sunday, May 31, 2020.
NYSE Multi-Asset High Income Index (Gross TR) (GIF:NYMLTIG)
Crossroads (-60) - NYMLTIG is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid NYMLTIG?
MarketClub looks at technical strength and momentum to determine if the timing is right for NYMLTIG.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for NYMLTIG
The long-term trend has been DOWN since Mar 2nd, 2020 at 1318.31
The intermediate-term trend has been UP since Apr 20th, 2020 at 966.16
The short-term trend has been UP since May 18th, 2020 at 1022.43
Smart Scan Analysis for NYMLTIG
Based on our trend formula, NYMLTIG is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).