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Index Trend Analysis Report
Prepared for you on Thursday, April 25, 2024.
Optimized Roll Commodity Total Return Index (CME:EBCIWTT)
Countertrend Up (+85) - EBCIWTT is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
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.
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MarketClub’s Trade Triangles for EBCIWTT
The long-term trend has been UP since Apr 1st, 2024 at 387.00
The intermediate-term trend has been UP since Mar 4th, 2024 at 372.78
The short-term trend has been UP since Apr 24th, 2024 at 399.76
Smart Scan Analysis for EBCIWTT
Based on our trend formula, EBCIWTT is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 398.11 | 398.43 | 397.99 | 398.40 | +0.48 |
| Prev. Close | Volume | Bid | Ask | Time |
| 397.92 | 0 | 2024-04-25 01:13:58 |