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Index Trend Analysis Report

Prepared for you on Thursday, March 28, 2024.

Optimized Roll Commodity Excess Return Index (CME:EBCIWTE)

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

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

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

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

CME_EBCIWTE
Open High Low EBCIWTE Price Change
270.05 272.78 269.37 272.55 +2.31
Entry Signal

MarketClub’s Trade Triangles for EBCIWTE

long term down The long-term trend has been DOWN since Jul 1st, 2022 at 320.55

intermediate term up The intermediate-term trend has been UP since Mar 4th, 2024 at 264.85

short term up The short-term trend has been UP since Mar 28th, 2024 at 272.02

Smart Scan Analysis for EBCIWTE

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

+70
Smart Scan Analysis for EBCIWTE
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
270.05 272.78 269.37 272.55 +2.31
Prev. Close Volume Bid Ask Time
270.24 0 2024-03-28 16:19:33
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