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Index Trend Analysis Report

Prepared for you on Saturday, October 24, 2020.

UBS E-TRACS Linked to the Wells Fargo Business Development Company Index (GIF:BDCS)

Bear Market Rally (-75) - BDCS is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on BDCS as it may be in the beginning of a reversal.

Is it time to buy, sell, or avoid BDCS?

MarketClub looks at technical strength and momentum to determine if the timing is right for BDCS.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

GIF_BDCS
Open High Low BDCS Price Change
13.8190 13.8871 13.8022 13.8704 +0.1061
Entry Signal

MarketClub’s Trade Triangles for BDCS

long term down The long-term trend has been DOWN since Feb 25th, 2020 at 19.6460

intermediate term down The intermediate-term trend has been DOWN since Oct 19th, 2020 at 13.9493

short term up The short-term trend has been UP since Oct 23rd, 2020 at 13.8493

Smart Scan Analysis for BDCS

Based on our trend formula, BDCS is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for BDCS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
13.8190 13.8871 13.8022 13.8704 +0.1061
Prev. Close Volume Bid Ask Time
14.4372 0 2020-10-23 15:59:50
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