Index Trend Analysis Report
Prepared for you on Monday, June 27, 2022.
Optimized Roll Commodity Total Return Index (CME:EBCIWTT)
Crossroads (-60) - EBCIWTT is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid EBCIWTT?
MarketClub looks at technical strength and momentum to determine if the timing is right for EBCIWTT.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for EBCIWTT
The long-term trend has been UP since Jul 1st, 2020 at 234.70
The intermediate-term trend has been DOWN since Jun 17th, 2022 at 447.08
The short-term trend has been DOWN since Jun 13th, 2022 at 468.27
Smart Scan Analysis for EBCIWTT
Based on our trend formula, EBCIWTT is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).