Index Trend Analysis Report
Prepared for you on Saturday, April 17, 2021.
Direxion Daily 20+ Year Treasury Bear 3X Shares (GIF:TMV)
Crossroads (-60) - TMV 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 TMV?
MarketClub looks at technical strength and momentum to determine if the timing is right for TMV.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for TMV
The long-term trend has been UP since Oct 5th, 2020 at 53.7259
The intermediate-term trend has been DOWN since Apr 13th, 2021 at 76.3883
The short-term trend has been DOWN since Apr 1st, 2021 at 79.3888
Smart Scan Analysis for TMV
Based on our trend formula, TMV is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).