Index Trend Analysis Report
Prepared for you on Tuesday, January 26, 2021.
ProShares Short 20+ Year Treasury (GIF:TBF)
Bull Market Weakness (+75) - TBF is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on TBF as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid TBF?
MarketClub looks at technical strength and momentum to determine if the timing is right for TBF.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for TBF
The long-term trend has been UP since Sep 2nd, 2020 at 16.570
The intermediate-term trend has been UP since Aug 11th, 2020 at 15.173
The short-term trend has been DOWN since Jan 13th, 2021 at 16.241
Smart Scan Analysis for TBF
Based on our trend formula, TBF is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).