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.
MarketClub’s Trade Triangles for OCMDRWT
The long-term trend has been UP since Jul 2nd, 2020 at 72.782
The intermediate-term trend has been UP since Sep 27th, 2021 at 105.018
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).
|52wk High||90.988||52wk High Date||2018-04-19|
|52wk Low||80.6141||52wk Low Date||2018-11-27|