Index Trend Analysis Report
Prepared for you on Friday, April 16, 2021.
Nomura HSI Leveraged Index ETN (GIF:C031)
Bull Market Weakness (+75) - C031 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on C031 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid C031?
MarketClub looks at technical strength and momentum to determine if the timing is right for C031.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for C031
The long-term trend has been UP since Nov 9th, 2020 at 9631.46
The intermediate-term trend has been DOWN since Feb 28th, 2021 at 12001.28
The short-term trend has been UP since Apr 16th, 2021 at 12090.09
Smart Scan Analysis for C031
Based on our trend formula, C031 is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).