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Index Trend Analysis Report

Prepared for you on Sunday, September 24, 2023.

Dow Jones Commodity Index Cocoa ER (INDEX:DJCICCP)

Sidelines Mode (+55) - DJCICCP is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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.

INDEX_DJCICCP
Open High Low DJCICCP Price Change
102.805 104.178 101.976 102.433 -0.372
Entry Signal

MarketClub’s Trade Triangles for DJCICCP

long term up The long-term trend has been UP since Nov 7th, 2022 at 70.311

intermediate term up The intermediate-term trend has been UP since Sep 5th, 2023 at 105.121

short term down The short-term trend has been DOWN since Sep 18th, 2023 at 104.349

Smart Scan Analysis for DJCICCP

Based on our trend formula, DJCICCP is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for DJCICCP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
102.805 104.178 101.976 102.433 -0.372
Prev. Close Volume Bid Ask Time
102.433 0 2023-09-22 15:43:39
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