Index Trend Analysis Report
Prepared for you on Thursday, April 22, 2021.
iPath Bloomberg Copper Subindex Total Return ETN due October 22, 2037 (GIF:JJCTF)
Long-Term Uptrend (+90) - JJCTF is in a strong uptrend that is likely to continue. While JJCTF is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid JJCTF?
MarketClub looks at technical strength and momentum to determine if the timing is right for JJCTF.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for JJCTF
The long-term trend has been UP since Jun 10th, 2020 at 28.253
The intermediate-term trend has been UP since Apr 5th, 2021 at 46.137
The short-term trend has been UP since Apr 14th, 2021 at 45.388
Smart Scan Analysis for JJCTF
Based on our trend formula, JJCTF is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).