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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.

GIF_7322
Open High Low 7322 Price Change
6.9158 6.9163 6.9147 6.9147 -0.0011
Entry Signal

MarketClub’s Trade Triangles for 7322

long term down The long-term trend has been DOWN since Jun 1st, 2020 at 9.5750

intermediate term down The intermediate-term trend has been DOWN since Mar 11th, 2021 at 7.2214

short term down 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).

-100
Smart Scan Analysis for 7322
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
6.9158 6.9163 6.9147 6.9147 -0.0011
Prev. Close Volume Bid Ask Time
6.9158 0 2021-04-12 03:48:15
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