Index Trend Analysis Report
Prepared for you on Monday, May 23, 2022.
Dow Jones Commodity Index Crude Oil ER (INDEX:DJCICLP)
Bull Market Weakness (+75) - DJCICLP is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on DJCICLP as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid DJCICLP?
MarketClub looks at technical strength and momentum to determine if the timing is right for DJCICLP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for DJCICLP
The long-term trend has been UP since Jan 14th, 2022 at 89.4887
The intermediate-term trend has been UP since May 5th, 2022 at 123.4950
The short-term trend has been DOWN since May 19th, 2022 at 120.0840
Smart Scan Analysis for DJCICLP
Based on our trend formula, DJCICLP is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).