Index Trend Analysis Report
Prepared for you on Monday, January 21, 2019.
DJ COMMODITY INDEX GRAINS (INDEX:DJCIGR)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down 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 DJCIGR
The long term trend has been DOWN since Dec 18th, 2018 at 165.3019
The intermediate term trend has been DOWN since Dec 18th, 2018 at 173.2410
The short term trend has been UP since Jan 18th, 2019 at 180.6910
Smart Scan Analysis for DJCIGR
Based on a pre-defined weighted trend formula for chart analysis, DJCIGR scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||201.4722||52wk High Date||2018-05-29|
|52wk Low||164.1561||52wk Low Date||2018-07-13|