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Index Trend Analysis Report

Prepared for you on Friday, April 23, 2021.

ProShares UltraShort Dow30 (GIF:DXD)

Long-Term Downtrend (-90) - DXD is in a strong downtrend that is likely to continue. While DXD is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

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

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

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

GIF_DXD
Open High Low DXD Price Change
9.9398 9.9902 9.7508 9.9346 +0.1807
Entry Signal

MarketClub’s Trade Triangles for DXD

long term down The long-term trend has been DOWN since Sep 2nd, 2020 at 14.854

intermediate term down The intermediate-term trend has been DOWN since Mar 8th, 2021 at 11.256

short term down The short-term trend has been DOWN since Apr 6th, 2021 at 10.360

Smart Scan Analysis for DXD

Based on our trend formula, DXD is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for DXD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
9.9398 9.9902 9.7508 9.9346 +0.1807
Prev. Close Volume Bid Ask Time
9.9343 0 2021-04-22 16:04:30
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