Index Trend Analysis Report
Prepared for you on Monday, January 21, 2019.
DJ COMMODITY INDEX SOFTS (INDEX:DJCISF)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with 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 DJCISF
The long term trend has been UP since Oct 12th, 2018 at 134.6133
The intermediate term trend has been UP since Jan 18th, 2019 at 130.2064
The short term trend has been DOWN since Jan 16th, 2019 at 128.5911
Smart Scan Analysis for DJCISF
Based on a pre-defined weighted trend formula for chart analysis, DJCISF scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||143.0003||52wk High Date||2017-11-30|
|52wk Low||116.9229||52wk Low Date||2018-08-22|