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Index Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
Dow Jones Commodity Index Cocoa ER (INDEX:DJCICCP)
Sidelines Mode (-50) - DJCICCP is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until DJCICCP can gain momentum.
Is it time to buy, sell, or avoid DJCICCP?
MarketClub looks at technical strength and momentum to determine if the timing is right for DJCICCP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for DJCICCP
The long-term trend has been UP since Nov 7th, 2022 at 70.311
The intermediate-term trend has been DOWN since Jun 24th, 2024 at 286.437
The short-term trend has been DOWN since Jul 26th, 2024 at 263.053
Smart Scan Analysis for DJCICCP
Based on our trend formula, DJCICCP is rated as a -50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 263.763 | 273.698 | 260.857 | 271.637 | +7.874 |
| Prev. Close | Volume | Bid | Ask | Time |
| 263.763 | 0 | 2024-07-26 15:33:20 |