Index Trend Analysis Report
Prepared for you on Friday, September 18, 2020.
Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 3X Shar (GIF:GUSH)
Bear Market Rally (-75) - GUSH is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on GUSH as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid GUSH?
MarketClub looks at technical strength and momentum to determine if the timing is right for GUSH.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for GUSH
The long-term trend has been DOWN since Sep 8th, 2020 at 27.8413
The intermediate-term trend has been DOWN since Aug 31st, 2020 at 32.2398
The short-term trend has been UP since Sep 16th, 2020 at 26.8238
Smart Scan Analysis for GUSH
Based on our trend formula, GUSH is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).