Index Trend Analysis Report
Prepared for you on Monday, December 17, 2018.
DJ COMMODITY INDEX ENERGY & METAL (INDEX:DJCIEMC)
Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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 DJCIEMC
The long term trend has been DOWN since Dec 14th, 2018 at 123.3822
The intermediate term trend has been DOWN since Nov 23rd, 2018 at 125.4658
The short term trend has been DOWN since Dec 7th, 2018 at 125.0679
Smart Scan Analysis for DJCIEMC
Based on a pre-defined weighted trend formula for chart analysis, DJCIEMC scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||138.1568||52wk High Date||2018-04-19|
|52wk Low||120.7179||52wk Low Date||2017-12-07|