Index Trend Analysis Report
Prepared for you on Wednesday, January 20, 2021.
ProShares Ultra FTSE China 50 (GIF:XPP)
Strong Uptrend (+100) - XPP is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, XPP continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid XPP?
MarketClub looks at technical strength and momentum to determine if the timing is right for XPP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for XPP
The long-term trend has been UP since Jul 6th, 2020 at 57.213
The intermediate-term trend has been UP since Dec 31st, 2020 at 72.788
The short-term trend has been UP since Dec 30th, 2020 at 70.260
Smart Scan Analysis for XPP
Based on our trend formula, XPP is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).