Index Trend Analysis Report
Prepared for you on Saturday, January 19, 2019.
DJ COMMODITY INDEX NATURAL GAS (INDEX:DJCING)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very 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 DJCING
The long term trend has been DOWN since Jan 2nd, 2019 at 159.8695
The intermediate term trend has been DOWN since Dec 20th, 2018 at 194.1272
The short term trend has been DOWN since Jan 17th, 2019 at 171.1256
Smart Scan Analysis for DJCING
Based on a pre-defined weighted trend formula for chart analysis, DJCING scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||269.6574||52wk High Date||2018-11-14|
|52wk Low||139.1952||52wk Low Date||2018-02-12|