Index Trend Analysis Report
Prepared for you on Sunday, December 16, 2018.
DJ COMMODITY INDEX KANSAS WHEAT (INDEX:DJCIKW)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight money management stops.
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 DJCIKW
The long term trend has been DOWN since Nov 23rd, 2018 at 158.0829
The intermediate term trend has been UP since Dec 13th, 2018 at 166.6937
The short term trend has been UP since Dec 7th, 2018 at 164.1755
Smart Scan Analysis for DJCIKW
Based on a pre-defined weighted trend formula for chart analysis, DJCIKW scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||196.7344||52wk High Date||2018-08-10|
|52wk Low||133.3875||52wk Low Date||2017-12-11|