Index Trend Analysis Report
Prepared for you on Friday, March 24, 2023.
Dow Jones Commodity Index Agriculture & Livestock Capped Component TR (INDEX:DJCIALCT)
Long-Term Downtrend (-90) - DJCIALCT is in a strong downtrend that is likely to continue. While DJCIALCT is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid DJCIALCT?
MarketClub looks at technical strength and momentum to determine if the timing is right for DJCIALCT.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for DJCIALCT
The long-term trend has been DOWN since Mar 23rd, 2023 at 135.28
The intermediate-term trend has been DOWN since Feb 28th, 2023 at 141.12
The short-term trend has been DOWN since Mar 20th, 2023 at 137.87
Smart Scan Analysis for DJCIALCT
Based on our trend formula, DJCIALCT is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).