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Index Trend Analysis Report
Prepared for you on Sunday, October 6, 2024.
Optimized Roll Commodity Excess Return Index (CME:EBCIWTE)
Long-Term Uptrend (+90) - EBCIWTE is in a strong uptrend that is likely to continue. While EBCIWTE is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
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.
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MarketClub’s Trade Triangles for EBCIWTE
The long-term trend has been UP since Oct 4th, 2024 at 282.12
The intermediate-term trend has been UP since Sep 19th, 2024 at 270.14
The short-term trend has been UP since Sep 12th, 2024 at 261.38
Smart Scan Analysis for EBCIWTE
Based on our trend formula, EBCIWTE is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 280.98 | 282.42 | 280.43 | 281.04 | -0.06 |
| Prev. Close | Volume | Bid | Ask | Time |
| 281.04 | 0 | 2024-10-04 16:19:13 |