Index Trend Analysis Report
Prepared for you on Friday, June 18, 2021.
Risk Weighted Enhanced Commodity Index Ex Grains TR (CME:OCMDRWT)
Weak Uptrend (+65) - OCMDRWT is showing signs of weakening momentum to the upside. Monitor 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.
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 Apr 14th, 2021 at 92.017
The short-term trend has been DOWN since Jun 16th, 2021 at 99.187
Smart Scan Analysis for OCMDRWT
Based on our trend formula, OCMDRWT is rated as a +65 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|