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Index Trend Analysis Report
Prepared for you on Wednesday, February 5, 2025.
Risk Weighted Enhanced Commodity Index Ex Grains TR (CME:OCMDRWT)
Bull Market Weakness (+75) - OCMDRWT is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on OCMDRWT as it may be in the beginning stages of a reversal.
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.
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MarketClub’s Trade Triangles for OCMDRWT
The long-term trend has been UP since Oct 1st, 2024 at 154.18
The intermediate-term trend has been UP since Jan 6th, 2025 at 154.65
The short-term trend has been DOWN since Feb 4th, 2025 at 156.55
Smart Scan Analysis for OCMDRWT
Based on our trend formula, OCMDRWT is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 157.90 | 157.91 | 157.84 | 157.91 | -0.04 |
| Prev. Close | Volume | Bid | Ask | Time |
| 157.95 | 0 | 2025-02-05 00:50:03 |
| 52wk High | 90.988 | 52wk High Date | 2018-04-19 |
| 52wk Low | 80.6141 | 52wk Low Date | 2018-11-27 |