Index Trend Analysis Report
Prepared for you on Monday, November 19, 2018.
DJ COMMODITY INDEX COCOA (INDEX:DJCICC)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.
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 UP since Nov 6th, 2018 at 177.0321
The intermediate term trend has been UP since Oct 26th, 2018 at 165.9955
The short term trend has been DOWN since Nov 16th, 2018 at 164.8024
Smart Scan Analysis for DJCICC
Based on a pre-defined weighted trend formula for chart analysis, DJCICC scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||219.2394||52wk High Date||2018-04-26|
|52wk Low||134.7502||52wk Low Date||2017-12-22|