Index Trend Analysis Report
Prepared for you on Wednesday, January 27, 2021.
ICE U.S. Treasury Core Bond 1.25X Leveraged Index (GIF:ICETCX1Q)
Sidelines Mode (-55) - ICETCX1Q is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid ICETCX1Q?
MarketClub looks at technical strength and momentum to determine if the timing is right for ICETCX1Q.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ICETCX1Q
The long-term trend has been DOWN since Oct 5th, 2020 at 210.55
The intermediate-term trend has been DOWN since Oct 4th, 2020 at 211.62
The short-term trend has been UP since Jan 25th, 2021 at 206.98
Smart Scan Analysis for ICETCX1Q
Based on our trend formula, ICETCX1Q is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).