Index Trend Analysis Report
Prepared for you on Monday, March 1, 2021.
DB Liquid Commodity Index - OY Precious Metals ER (GIF:DBPMIX)
Crossroads (-60) - DBPMIX is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid DBPMIX?
MarketClub looks at technical strength and momentum to determine if the timing is right for DBPMIX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for DBPMIX
The long-term trend has been UP since Jan 4th, 2021 at 172.44
The intermediate-term trend has been DOWN since Feb 4th, 2021 at 160.22
The short-term trend has been DOWN since Feb 26th, 2021 at 160.32
Smart Scan Analysis for DBPMIX
Based on our trend formula, DBPMIX is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).