Index Trend Analysis Report
Prepared for you on Saturday, November 28, 2020.
Mirae Asset Horizons S&P Crude Oil Futures Enhanced ER ETF (GIF:3097)
Crossroads (+60) - 3097 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 3097?
MarketClub looks at technical strength and momentum to determine if the timing is right for 3097.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for 3097
The long-term trend has been DOWN since Oct 28th, 2020 at 2.2937
The intermediate-term trend has been UP since Nov 11th, 2020 at 2.3977
The short-term trend has been UP since Nov 18th, 2020 at 2.3763
Smart Scan Analysis for 3097
Based on our trend formula, 3097 is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).