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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.

GIF_UCO
Open High Low UCO Price Change
15.462 15.646 14.882 15.322 -0.324
Entry Signal

MarketClub’s Trade Triangles for UCO

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 UCO

Based on our trend formula, UCO is rated as a -80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-80
Smart Scan Analysis for UCO
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
15.462 15.646 14.882 15.322 -0.324
Prev. Close Volume Bid Ask Time
19.122 0 2020-02-21 19:14:31
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