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Index Trend Analysis Report

Prepared for you on Wednesday, November 13, 2019.

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

Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

CME_OCMDRWT
Open High Low OCMDRWT Price Change
84.094 84.298 83.935 84.094 -0.119
Entry Signal

MarketClub’s Trade Triangles for OCMDRWT

long term up The long term trend has been UP since Sep 16th, 2019 at 83.550

intermediate term up The intermediate term trend has been UP since Oct 23rd, 2019 at 83.521

short term down The short term trend has been DOWN since Nov 7th, 2019 at 84.647

Smart Scan Analysis for OCMDRWT

Based on a pre-defined weighted trend formula for chart analysis, OCMDRWT scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+55
Smart Scan Analysis for OCMDRWT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
84.094 84.298 83.935 84.094 -0.119
Prev. Close Volume Bid Ask Time
83.258 0 2019-11-13 17:40:30
52wk High90.98852wk High Date2018-04-19
52wk Low80.614152wk Low Date2018-11-27
Want to analyze Risk Weighted Enhanced Commodity Index Ex Grains TR OCMDRWT or another symbol? Try our Free Index Trend Analysis Report.