Index Trend Analysis Report
Prepared for you on Monday, November 19, 2018.
DJ COMMODITY INDEX AGRICULTURE (INDEX:DJCIALC)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with money management 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 UP since Nov 12th, 2018 at 177.6159
The short term trend has been DOWN since Nov 19th, 2018 at 176.9847
Smart Scan Analysis for DJCIALC
Based on a pre-defined weighted trend formula for chart analysis, DJCIALC scored +85 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|