Index Trend Analysis Report
Prepared for you on Tuesday, March 2, 2021.
iPath Bloomberg Softs Subindex Total Return ETN due June 24, 2038 (GIF:JJSSF)
Countertrend Up (+85) - JJSSF is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid JJSSF?
MarketClub looks at technical strength and momentum to determine if the timing is right for JJSSF.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for JJSSF
The long-term trend has been UP since Jul 1st, 2020 at 20.516
The intermediate-term trend has been UP since Dec 17th, 2020 at 24.474
The short-term trend has been DOWN since Mar 1st, 2021 at 28.292
Smart Scan Analysis for JJSSF
Based on our trend formula, JJSSF is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).