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Index Trend Analysis Report

Prepared for you on Tuesday, October 15, 2024.

Dow Jones Commodity Index Brent Crude TR (INDEX:DJCIBRT)

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

Is it time to buy, sell, or avoid DJCIBRT?

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

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

INDEX_DJCIBRT
Open High Low DJCIBRT Price Change
1051.24 1052.79 1037.19 1037.47 -15.18
Entry Signal

MarketClub’s Trade Triangles for DJCIBRT

long term down The long-term trend has been DOWN since Jun 3rd, 2024 at 1040.78

intermediate term up The intermediate-term trend has been UP since Oct 1st, 2024 at 1046.80

short term down The short-term trend has been DOWN since Oct 8th, 2024 at 1079.79

Smart Scan Analysis for DJCIBRT

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

-75
Smart Scan Analysis for DJCIBRT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1051.24 1052.79 1037.19 1037.47 -15.18
Prev. Close Volume Bid Ask Time
1052.65 0 2024-10-15 04:48:54
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