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Index Trend Analysis Report

Prepared for you on Sunday, July 12, 2020.

Direxion Daily Junior Gold Miners Index Bear 3X Shares (GIF:JDST)

Long-Term Downtrend (-90) - JDST is in a strong downtrend that is likely to continue. While JDST is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

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

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

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

GIF_JDST
Open High Low JDST Price Change
14.4043 15.0124 14.1737 14.6692 +0.1522
Entry Signal

MarketClub’s Trade Triangles for JDST

long term down The long-term trend has been DOWN since Mar 17th, 2020 at 6.8752

intermediate term down The intermediate-term trend has been DOWN since Jun 22nd, 2020 at 18.9993

short term down The short-term trend has been DOWN since Jun 19th, 2020 at 20.9092

Smart Scan Analysis for JDST

Based on our trend formula, JDST is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for JDST
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
14.4043 15.0124 14.1737 14.6692 +0.1522
Prev. Close Volume Bid Ask Time
22.1386 0 2020-07-10 19:14:34
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