Index Trend Analysis Report
Prepared for you on Tuesday, January 15, 2019.
DJ COMMODITY INDEX AGRICULTURE (INDEX:DJCIALC)
Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight stops.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for DJCIALC
The long term trend has been UP since Oct 15th, 2018 at 177.1671
The intermediate term trend has been DOWN since Dec 23rd, 2018 at 175.8198
The short term trend has been DOWN since Jan 10th, 2019 at 179.1316
Smart Scan Analysis for DJCIALC
Based on a pre-defined weighted trend formula for chart analysis, DJCIALC scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||191.8409||52wk High Date||2018-03-02|
|52wk Low||164.4641||52wk Low Date||2018-07-13|