Index Trend Analysis Report
Prepared for you on Monday, September 25, 2023.
Dow Jones Commodity Index All Wheat ER (INDEX:DJCIAWP)
Long-Term Downtrend (-90) - DJCIAWP is in a strong downtrend that is likely to continue. While DJCIAWP 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 DJCIAWP?
MarketClub looks at technical strength and momentum to determine if the timing is right for DJCIAWP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for DJCIAWP
The long-term trend has been DOWN since Aug 15th, 2023 at 26.531
The intermediate-term trend has been DOWN since Aug 3rd, 2023 at 28.082
The short-term trend has been DOWN since Sep 19th, 2023 at 25.315
Smart Scan Analysis for DJCIAWP
Based on our trend formula, DJCIAWP is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).