Free Daily Analysis

Index Trend Analysis Report

Prepared for you on Friday, March 29, 2024.

Risk Weighted Enhanced Commodity Index Ex Grains (CME:OCMDRWE)

Strong Uptrend (+100) - OCMDRWE is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, OCMDRWE continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

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

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

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

CME_OCMDRWE
Open High Low OCMDRWE Price Change
125.41 126.27 125.08 126.22 +0.73
Entry Signal

MarketClub’s Trade Triangles for OCMDRWE

long term up The long-term trend has been UP since Feb 23rd, 2024 at 120.41

intermediate term up The intermediate-term trend has been UP since Jan 23rd, 2024 at 116.05

short term up The short-term trend has been UP since Mar 26th, 2024 at 125.98

Smart Scan Analysis for OCMDRWE

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

+100
Smart Scan Analysis for OCMDRWE
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
125.41 126.27 125.08 126.22 +0.73
Prev. Close Volume Bid Ask Time
126.24 0 2024-03-28 15:10:03
52wk High89.261452wk High Date2018-04-19
52wk Low78.088952wk Low Date2018-11-27
Get a free daily analysis and signals for Risk Weighted Enhanced Commodity Index Ex Grains (OCMDRWE) - Request Your Free Report.