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Index Trend Analysis Report

Prepared for you on Thursday, March 28, 2024.

World Bioenergy Total Return Index (USD) (CME:BIOXD)

Bull Market Weakness (+75) - BIOXD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on BIOXD as it may be in the beginning stages of a reversal.

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

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

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

CME_BIOXD
Open High Low BIOXD Price Change
122.48 122.52 122.04 122.32 -0.19
Entry Signal

MarketClub’s Trade Triangles for BIOXD

long term down The long-term trend has been DOWN since Sep 27th, 2023 at 132.74

intermediate term up The intermediate-term trend has been UP since Mar 20th, 2024 at 120.05

short term up The short-term trend has been UP since Mar 28th, 2024 at 122.46

Smart Scan Analysis for BIOXD

Based on our trend formula, BIOXD is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for BIOXD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
122.48 122.52 122.04 122.32 -0.19
Prev. Close Volume Bid Ask Time
122.51 0 2024-03-28 06:27:02
52wk High133.0852wk High Date2018-01-29
52wk Low96.9152wk Low Date2018-07-05
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