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Index Trend Analysis Report

Prepared for you on Friday, June 5, 2020.

ProShares UltraPro Short Dow30 (GIF:SDOW)

Long-Term Downtrend (-90) - SDOW is in a strong downtrend that is likely to continue. While SDOW 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 SDOW?

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

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

GIF_SDOW
Open High Low SDOW Price Change
24.112 24.112 21.223 21.800 -2.278
Entry Signal

MarketClub’s Trade Triangles for SDOW

long term down The long-term trend has been DOWN since Apr 17th, 2020 at 33.867

intermediate term down The intermediate-term trend has been DOWN since Apr 6th, 2020 at 44.728

short term down The short-term trend has been DOWN since May 18th, 2020 at 31.987

Smart Scan Analysis for SDOW

Based on our trend formula, SDOW is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for SDOW
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
24.112 24.112 21.223 21.800 -2.278
Prev. Close Volume Bid Ask Time
45.665 0 2020-06-05 19:14:43
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