Index Trend Analysis Report

Prepared for you on Sunday, October 6, 2024.

Dow Jones Commodity Index Brent Crude ER (INDEX:DJCIBRP)

Crossroads (+60) - DJCIBRP 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 DJCIBRP?

MarketClub looks at technical strength and momentum to determine if the timing is right for DJCIBRP.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

Open	High	Low	DJCIBRP Price	Change
658.27	672.78	656.74	662.51	+4.24
Entry Signal

MarketClub’s Trade Triangles for DJCIBRP

The long-term trend has been DOWN since Jun 3rd, 2024 at 652.11

The intermediate-term trend has been UP since Oct 1st, 2024 at 637.48

The short-term trend has been UP since Oct 2nd, 2024 at 640.11

Smart Scan Analysis for DJCIBRP

Based on our trend formula, DJCIBRP is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60

Strong Downtrend Sideways Strong Uptrend

Open	High	Low	Price	Change
658.27	672.78	656.74	662.51	+4.24
Prev. Close	Volume	Bid	Ask	Time
662.34	0			2024-10-04 14:54:34

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