Index Trend Analysis Report
Prepared for you on Wednesday, October 17, 2018.
DJ COMMODITY INDEX SOYBEANS (INDEX:DJCISO)
Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight 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 DJCISO
The long term trend has been DOWN since Jun 7th, 2018 at 188.1155
The intermediate term trend has been UP since Sep 25th, 2018 at 161.0322
The short term trend has been UP since Oct 11th, 2018 at 166.6951
Smart Scan Analysis for DJCISO
Based on a pre-defined weighted trend formula for chart analysis, DJCISO scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||205.0189||52wk High Date||2018-03-02|
|52wk Low||153.8352||52wk Low Date||2018-09-18|