Index Trend Analysis Report
Prepared for you on Friday, April 16, 2021.
ICE U.S. Treasury 7-10 Year Bond 1X Inverse Index (GIF:ICET7IN)
Weak Downtrend (-65) - ICET7IN is showing signs of a strengthening downtrend. Monitor ICET7IN as it may be building momentum to the downside.
Is it time to buy, sell, or avoid ICET7IN?
MarketClub looks at technical strength and momentum to determine if the timing is right for ICET7IN.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ICET7IN
The long-term trend has been UP since Aug 31st, 2020 at 42.644
The intermediate-term trend has been DOWN since Apr 13th, 2021 at 44.795
The short-term trend has been DOWN since Apr 13th, 2021 at 44.836
Smart Scan Analysis for ICET7IN
Based on our trend formula, ICET7IN is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).