Index Trend Analysis Report
Prepared for you on Friday, November 16, 2018.
DJ COMMODITY INDEX LEAD (INDEX:DJCIIL)
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 DJCIIL
The long term trend has been DOWN since Jul 11th, 2018 at 454.8453
The intermediate term trend has been DOWN since Nov 6th, 2018 at 388.0264
The short term trend has been DOWN since Nov 12th, 2018 at 397.1689
Smart Scan Analysis for DJCIIL
Based on a pre-defined weighted trend formula for chart analysis, DJCIIL scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||545.6114||52wk High Date||2018-02-02|
|52wk Low||379.9087||52wk Low Date||2018-10-11|