Index Trend Analysis Report
Prepared for you on Saturday, April 17, 2021.
iPath Series B Bloomberg Energy Subindex Total ReturnSM ETN (GIF:JJE)
Long-Term Uptrend (+90) - JJE is in a strong uptrend that is likely to continue. While JJE is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid JJE?
MarketClub looks at technical strength and momentum to determine if the timing is right for JJE.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for JJE
The long-term trend has been UP since Jan 5th, 2021 at 27.401
The intermediate-term trend has been UP since Apr 14th, 2021 at 31.879
The short-term trend has been UP since Apr 12th, 2021 at 31.006
Smart Scan Analysis for JJE
Based on our trend formula, JJE is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).