Index Trend Analysis Report
Prepared for you on Sunday, February 18, 2018.
DJ COMMODITY INDEX COCOA (INDEX:DJCICC)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight 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 DJCICC
The long term trend has been DOWN since Dec 7th, 2017 at 140.7905
The intermediate term trend has been UP since Jan 10th, 2018 at 145.1156
The short term trend has been UP since Feb 14th, 2018 at 154.1536
Smart Scan Analysis for DJCICC
Based on a pre-defined weighted trend formula for chart analysis, DJCICC scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||166.1447||52wk High Date||2017-11-10|
|52wk Low||134.7502||52wk Low Date||2017-12-22|