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Index Trend Analysis Report

Prepared for you on Saturday, November 23, 2024.

Dow Jones Commodity Index Cotton ER (INDEX:DJCICTP)

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

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

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

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

INDEX_DJCICTP
Open High Low DJCICTP Price Change
24.049 24.350 23.871 24.234 +0.213
Entry Signal

MarketClub’s Trade Triangles for DJCICTP

long term down The long-term trend has been DOWN since Apr 16th, 2024 at 28.854

intermediate term down The intermediate-term trend has been DOWN since Oct 14th, 2024 at 25.177

short term up The short-term trend has been UP since Nov 20th, 2024 at 23.819

Smart Scan Analysis for DJCICTP

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

-75
Smart Scan Analysis for DJCICTP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
24.049 24.350 23.871 24.234 +0.213
Prev. Close Volume Bid Ask Time
24.234 0 2024-11-22 15:38:25
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