Index Trend Analysis Report
Prepared for you on Monday, November 30, 2020.
ProShares Short Financials (GIF:SEF)
Long-Term Downtrend (-90) - SEF is in a strong downtrend that is likely to continue. While SEF 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 SEF?
MarketClub looks at technical strength and momentum to determine if the timing is right for SEF.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SEF
The long-term trend has been DOWN since Jun 3rd, 2020 at 19.917
The intermediate-term trend has been DOWN since Nov 9th, 2020 at 18.295
The short-term trend has been DOWN since Nov 3rd, 2020 at 19.062
Smart Scan Analysis for SEF
Based on our trend formula, SEF is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).