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Index Trend Analysis Report

Prepared for you on Monday, October 19, 2020.

ProShares UltraShort Gold (GIF:GLL)

Weak Downtrend (-65) - GLL is showing signs of a strengthening downtrend. Monitor GLL as it may be building momentum to the downside.

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

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

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

GIF_GLL
Open High Low GLL Price Change
31.487 31.575 31.247 31.389 -0.179
Entry Signal

MarketClub’s Trade Triangles for GLL

long term down The long-term trend has been DOWN since Jun 4th, 2019 at 69.170

intermediate term up The intermediate-term trend has been UP since Aug 25th, 2020 at 31.259

short term down The short-term trend has been DOWN since Oct 9th, 2020 at 30.999

Smart Scan Analysis for GLL

Based on our trend formula, GLL is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-65
Smart Scan Analysis for GLL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
31.487 31.575 31.247 31.389 -0.179
Prev. Close Volume Bid Ask Time
29.929 0 2020-10-19 13:31:09
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