Mutual Trend Analysis Report
Prepared for you on Friday, January 15, 2021.
DIREXION MONTHLY S&P 500 BEAR 2X FUND INVESTOR CLASS (NASDAQ:DXSSX)
Long-Term Downtrend (-90) - DXSSX is in a strong downtrend that is likely to continue. While DXSSX 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 DXSSX?
MarketClub looks at technical strength and momentum to determine if the timing is right for DXSSX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for DXSSX
The long-term trend has been DOWN since Jun 1st, 2020 at 8.52
The intermediate-term trend has been DOWN since Nov 9th, 2020 at 5.98
The short-term trend has been DOWN since Jan 7th, 2021 at 5.08
Smart Scan Analysis for DXSSX
Based on our trend formula, DXSSX is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||15.08||52wk High Date||2020-03-23|
|52wk Low||4.87||52wk Low Date||2021-01-08|
|Year End Close||5.06||Payment Date||2019-12-13|