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Index Trend Analysis Report

Prepared for you on Tuesday, September 22, 2020.

ProShares UltraShort Utilities (GIF:SDP)

Bull Market Weakness (+75) - SDP is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SDP as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid SDP?

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

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

GIF_SDP
Open High Low SDP Price Change
11.510 11.662 11.356 11.497 -0.155
Entry Signal

MarketClub’s Trade Triangles for SDP

long term down The long-term trend has been DOWN since Apr 9th, 2020 at 12.203

intermediate term up The intermediate-term trend has been UP since Aug 21st, 2020 at 11.327

short term up The short-term trend has been UP since Sep 18th, 2020 at 11.361

Smart Scan Analysis for SDP

Based on our trend formula, SDP is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for SDP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
11.510 11.662 11.356 11.497 -0.155
Prev. Close Volume Bid Ask Time
10.925 0 2020-09-22 15:59:51
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