Index Trend Analysis Report
Prepared for you on Tuesday, July 14, 2020.
ProShares UltraShort 7-10 Year Treasury (GIF:PST)
Long-Term Downtrend (-90) - PST is in a strong downtrend that is likely to continue. While PST is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid PST?
MarketClub looks at technical strength and momentum to determine if the timing is right for PST.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for PST
The long-term trend has been DOWN since Mar 8th, 2019 at 21.610
The intermediate-term trend has been DOWN since Jun 25th, 2020 at 15.302
The short-term trend has been DOWN since Jul 9th, 2020 at 15.228
Smart Scan Analysis for PST
Based on our trend formula, PST is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).