Index Trend Analysis Report
Prepared for you on Friday, September 18, 2020.
Direxion Daily Gold Miners Index Bear 3X Shares (GIF:DUST)
Weak Downtrend (-65) - DUST is showing signs of a strengthening downtrend. Monitor DUST as it may be building momentum to the downside.
Is it time to buy, sell, or avoid DUST?
MarketClub looks at technical strength and momentum to determine if the timing is right for DUST.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for DUST
The long-term trend has been UP since Sep 1st, 2020 at 34.8152
The intermediate-term trend has been DOWN since Sep 14th, 2020 at 16.2451
The short-term trend has been DOWN since Sep 9th, 2020 at 17.2617
Smart Scan Analysis for DUST
Based on our trend formula, DUST is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).