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Index Trend Analysis Report
Prepared for you on Friday, May 9, 2025.
Risk Weighted Enhanced Commodity Index Ex Grains (CME:OCMDRWE)
Sidelines Mode (-55) - OCMDRWE is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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.
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MarketClub’s Trade Triangles for OCMDRWE
The long-term trend has been DOWN since Apr 4th, 2025 at 127.51
The intermediate-term trend has been DOWN since Apr 3rd, 2025 at 130.48
The short-term trend has been UP since May 5th, 2025 at 128.30
Smart Scan Analysis for OCMDRWE
Based on our trend formula, OCMDRWE is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 129.32 | 129.64 | 129.27 | 129.64 | +0.36 |
| Prev. Close | Volume | Bid | Ask | Time |
| 129.28 | 0 | 2025-05-09 03:25:33 |
| 52wk High | 89.2614 | 52wk High Date | 2018-04-19 |
| 52wk Low | 78.0889 | 52wk Low Date | 2018-11-27 |