Index Trend Analysis Report
Prepared for you on Sunday, February 23, 2020.
ProShares Ultra Bloomberg Crude Oil (GIF:UCO)
Bear Market Rally (-75) - UCO is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on UCO as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid UCO?
MarketClub looks at technical strength and momentum to determine if the timing is right for UCO.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for UCO
The long-term trend has been DOWN since at
The intermediate-term trend has been DOWN since at
The short-term trend has been DOWN since at
Smart Scan Analysis for UCO
Based on our trend formula, UCO is rated as a -80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).