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Index Trend Analysis Report

Prepared for you on Monday, April 12, 2021.

ProShares Ultra Bloomberg Crude Oil (GIF:UCO)

Sidelines Mode (-55) - UCO is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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

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

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

GIF_UCO
Open High Low UCO Price Change
53.8284 55.8670 53.6617 54.4810 +0.8134
Entry Signal

MarketClub’s Trade Triangles for UCO

long term up The long-term trend has been UP since Jan 5th, 2021 at 37.7374

intermediate term down The intermediate-term trend has been DOWN since Mar 23rd, 2021 at 52.4257

short term up The short-term trend has been UP since Apr 12th, 2021 at 54.9424

Smart Scan Analysis for UCO

Based on our trend formula, UCO is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for UCO
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
53.8284 55.8670 53.6617 54.4810 +0.8134
Prev. Close Volume Bid Ask Time
53.6676 0 2021-04-12 15:14:45
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