Index Trend Analysis Report
Prepared for you on Monday, April 12, 2021.
MIRAE ASSET HORIZONS S&P 500 DAILY (-1X) INVERSE PRODUCT (GIF:7322)
Strong Downtrend (-100) - 7322 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid 7322?
MarketClub looks at technical strength and momentum to determine if the timing is right for 7322.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for 7322
The long-term trend has been DOWN since Jun 1st, 2020 at 9.5750
The intermediate-term trend has been DOWN since Mar 11th, 2021 at 7.2214
The short-term trend has been DOWN since Mar 28th, 2021 at 7.2617
Smart Scan Analysis for 7322
Based on our trend formula, 7322 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).