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Index Trend Analysis Report

Prepared for you on Thursday, August 13, 2020.

Direxion Daily Junior Gold Miners Index Bull 3X Shares (GIF:JNUG)

Sidelines Mode (+55) - JNUG 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 JNUG?

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

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

GIF_JNUG
Open High Low JNUG Price Change
132.4856 144.1403 132.4737 135.5464 +3.0612
Entry Signal

MarketClub’s Trade Triangles for JNUG

long term up The long-term trend has been UP since May 19th, 2020 at 105.0040

intermediate term up The intermediate-term trend has been UP since Jun 30th, 2020 at 105.6691

short term down The short-term trend has been DOWN since Aug 11th, 2020 at 158.2258

Smart Scan Analysis for JNUG

Based on our trend formula, JNUG is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for JNUG
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
132.4856 144.1403 132.4737 135.5464 +3.0612
Prev. Close Volume Bid Ask Time
87.9425 0 2020-08-12 19:14:45
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