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Index Trend Analysis Report

Prepared for you on Wednesday, January 20, 2021.

Direxion Daily 20+ Year Treasury Bull 3X Shares (GIF:TMF)

Long-Term Downtrend (-90) - TMF is in a strong downtrend that is likely to continue. While TMF 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 TMF?

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

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

GIF_TMF
Open High Low TMF Price Change
31.221 31.521 31.221 31.521 0.000
Entry Signal

MarketClub’s Trade Triangles for TMF

long term down The long-term trend has been DOWN since Oct 5th, 2020 at 38.100

intermediate term down The intermediate-term trend has been DOWN since Oct 5th, 2020 at 39.090

short term down The short-term trend has been DOWN since Jan 5th, 2021 at 34.336

Smart Scan Analysis for TMF

Based on our trend formula, TMF is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for TMF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
31.221 31.521 31.221 31.521 0.000
Prev. Close Volume Bid Ask Time
35.969 0 2021-01-20 08:00:22
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