Index Trend Analysis Report

Prepared for you on Monday, September 16, 2024.

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

Bear Market Rally (-75) - DJCIBRP is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on DJCIBRP as it may be in the beginning of a reversal.

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
602.85	617.11	601.83	612.10	+8.40
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 DOWN since Sep 3rd, 2024 at 633.13

The short-term trend has been UP since Sep 12th, 2024 at 609.17

Smart Scan Analysis for DJCIBRP

Based on our trend formula, DJCIBRP is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75

Strong Downtrend Sideways Strong Uptrend

Open	High	Low	Price	Change
602.85	617.11	601.83	612.10	+8.40
Prev. Close	Volume	Bid	Ask	Time
603.70	0			2024-09-16 14:54:39

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