Index Trend Analysis Report
Prepared for you on Saturday, November 28, 2020.
DB Commodity Short ETN (GIF:DDP)
Strong Downtrend (-100) - DDP 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 DDP?
MarketClub looks at technical strength and momentum to determine if the timing is right for DDP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for DDP
The long-term trend has been DOWN since Jul 6th, 2020 at 60.33
The intermediate-term trend has been DOWN since Nov 9th, 2020 at 55.88
The short-term trend has been DOWN since Nov 4th, 2020 at 57.72
Smart Scan Analysis for DDP
Based on our trend formula, DDP is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).