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Index Trend Analysis Report
Prepared for you on Sunday, October 6, 2024.
Dow Jones Commodity Index Brent Crude (INDEX:DJCIBR)
Crossroads (+60) - DJCIBR is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid DJCIBR?
MarketClub looks at technical strength and momentum to determine if the timing is right for DJCIBR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for DJCIBR
The long-term trend has been DOWN since Jun 3rd, 2024 at 756.02
The intermediate-term trend has been UP since Oct 1st, 2024 at 706.02
The short-term trend has been UP since Oct 2nd, 2024 at 708.93
Smart Scan Analysis for DJCIBR
Based on our trend formula, DJCIBR is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 729.04 | 745.11 | 727.35 | 733.46 | +4.42 |
| Prev. Close | Volume | Bid | Ask | Time |
| 733.55 | 0 | 2024-10-04 14:54:39 |
| 52wk High | 815.0376 | 52wk High Date | 2018-10-03 |
| 52wk Low | 543.1391 | 52wk Low Date | 2018-11-29 |