Index Trend Analysis Report
Prepared for you on Tuesday, December 18, 2018.
DJ COMMODITY INDEX SILVER (INDEX:DJCISI)
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 DJCISI
The long term trend has been DOWN since Jun 28th, 2018 at 312.3572
The intermediate term trend has been DOWN since Dec 17th, 2018 at 273.3876
The short term trend has been DOWN since Dec 14th, 2018 at 283.3236
Smart Scan Analysis for DJCISI
Based on a pre-defined weighted trend formula for chart analysis, DJCISI scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||342.9208||52wk High Date||2018-01-25|
|52wk Low||270.4823||52wk Low Date||2018-09-11|