Index Trend Analysis Report
Prepared for you on Monday, August 10, 2020.
Optimized Roll Commodity Total Return Index (CME:EBCIWTT)
Long-Term Uptrend (+90) - EBCIWTT is in a strong uptrend that is likely to continue. While EBCIWTT is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid EBCIWTT?
MarketClub looks at technical strength and momentum to determine if the timing is right for EBCIWTT.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for EBCIWTT
The long-term trend has been UP since Jul 1st, 2020 at 234.70
The intermediate-term trend has been UP since Apr 9th, 2020 at 226.13
The short-term trend has been UP since Jul 17th, 2020 at 240.14
Smart Scan Analysis for EBCIWTT
Based on our trend formula, EBCIWTT is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).