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Index Trend Analysis Report

Prepared for you on Monday, October 19, 2020.

ProShares Short MSCI Emerging Markets (GIF:EUM)

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

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

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

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

GIF_EUM
Open High Low EUM Price Change
14.957 14.973 14.794 14.944 +0.040
Entry Signal

MarketClub’s Trade Triangles for EUM

long term down The long-term trend has been DOWN since Jun 2nd, 2020 at 18.067

intermediate term down The intermediate-term trend has been DOWN since Oct 8th, 2020 at 14.998

short term up The short-term trend has been UP since Oct 15th, 2020 at 14.926

Smart Scan Analysis for EUM

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

-75
Smart Scan Analysis for EUM
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
14.957 14.973 14.794 14.944 +0.040
Prev. Close Volume Bid Ask Time
15.096 0 2020-10-19 16:00:08
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