Index Trend Analysis Report
Prepared for you on Monday, April 12, 2021.
NYSE Leveraged 2x NVDA Index (GIF:NY2LNVDA)
Bull Market Weakness (+75) - NY2LNVDA is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on NY2LNVDA as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid NY2LNVDA?
MarketClub looks at technical strength and momentum to determine if the timing is right for NY2LNVDA.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for NY2LNVDA
The long-term trend has been DOWN since Mar 3rd, 2021 at 656.678
The intermediate-term trend has been UP since Apr 1st, 2021 at 717.622
The short-term trend has been UP since Apr 8th, 2021 at 790.522
Smart Scan Analysis for NY2LNVDA
Based on our trend formula, NY2LNVDA is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).