Index Trend Analysis Report
Prepared for you on Tuesday, June 19, 2018.
DJ COMMODITY INDEX GRAINS (INDEX:DJCIGR)
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 DJCIGR
The long term trend has been DOWN since Jun 14th, 2018 at 184.0972
The intermediate term trend has been DOWN since Jun 4th, 2018 at 190.0162
The short term trend has been DOWN since Jun 13th, 2018 at 186.6574
Smart Scan Analysis for DJCIGR
Based on a pre-defined weighted trend formula for chart analysis, DJCIGR scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||201.4722||52wk High Date||2018-05-29|
|52wk Low||171.1604||52wk Low Date||2017-08-30|