Free Daily Analysis

Index Trend Analysis Report

Prepared for you on Sunday, October 17, 2021.

Risk Weighted Enhanced Commodity Index Ex Grains TR (CME:OCMDRWT)

Strong Uptrend (+100) - OCMDRWT is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, OCMDRWT 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 OCMDRWT?

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

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

CME_OCMDRWT
Open High Low OCMDRWT Price Change
111.391 112.530 111.313 111.843 +0.939
Entry Signal

MarketClub’s Trade Triangles for OCMDRWT

long term up The long-term trend has been UP since Jul 2nd, 2020 at 72.782

intermediate term up The intermediate-term trend has been UP since Sep 27th, 2021 at 105.018

short term up The short-term trend has been UP since Oct 4th, 2021 at 105.606

Smart Scan Analysis for OCMDRWT

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

+100
Smart Scan Analysis for OCMDRWT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
111.391 112.530 111.313 111.843 +0.939
Prev. Close Volume Bid Ask Time
111.932 0 2021-10-15 15:09:48
52wk High90.98852wk High Date2018-04-19
52wk Low80.614152wk Low Date2018-11-27
Get a free daily analysis and signals for Risk Weighted Enhanced Commodity Index Ex Grains TR (OCMDRWT) - Request Your Free Report.