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Index Trend Analysis Report

Prepared for you on Monday, April 6, 2020.

ProShares UltraPro 3x Crude Oil ETF (GIF:OILU)

Strong Downtrend (-100) - OILU is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid OILU?

MarketClub looks at technical strength and momentum to determine if the timing is right for OILU.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

GIF_OILU
Open High Low OILU Price Change
0.3485 0.3485 0.1999 0.2042 -0.0550
Entry Signal

MarketClub’s Trade Triangles for OILU

long term down The long-term trend has been DOWN since at

intermediate term down The intermediate-term trend has been DOWN since at

short term down The short-term trend has been DOWN since at

Smart Scan Analysis for OILU

Based on our trend formula, OILU is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for OILU
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.3485 0.3485 0.1999 0.2042 -0.0550
Prev. Close Volume Bid Ask Time
0.2042 0 2020-03-27 17:44:04
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