Index Trend Analysis Report

Prepared for you on Wednesday, May 1, 2024.

Dow Jones Commodity Index Cocoa TR (INDEX:DJCICCT)

Crossroads (-60) - DJCICCT is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid DJCICCT?

MarketClub looks at technical strength and momentum to determine if the timing is right for DJCICCT.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

Open	High	Low	DJCICCT Price	Change
468.938	479.242	416.864	418.542	-50.396
Entry Signal

MarketClub’s Trade Triangles for DJCICCT

The long-term trend has been UP since Nov 4th, 2022 at 103.964

The intermediate-term trend has been DOWN since Apr 29th, 2024 at 463.030

The short-term trend has been DOWN since Apr 23rd, 2024 at 547.218

Smart Scan Analysis for DJCICCT

Based on our trend formula, DJCICCT is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60

Strong Downtrend Sideways Strong Uptrend

Open	High	Low	Price	Change
468.938	479.242	416.864	418.542	-50.396
Prev. Close	Volume	Bid	Ask	Time
468.938	0			2024-05-01 20:01:14

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