Index Trend Analysis Report
Prepared for you on Saturday, July 11, 2020.
JPMorgan Managed Futures ETF (GIF:JPMFGB)
Bear Market Rally (-75) - JPMFGB is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on JPMFGB as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid JPMFGB?
MarketClub looks at technical strength and momentum to determine if the timing is right for JPMFGB.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for JPMFGB
The long-term trend has been DOWN since Feb 28th, 2020 at 19.518
The intermediate-term trend has been UP since Jun 29th, 2020 at 17.897
The short-term trend has been DOWN since Jul 1st, 2020 at 17.737
Smart Scan Analysis for JPMFGB
Based on our trend formula, JPMFGB is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).