Index Trend Analysis Report
Prepared for you on Sunday, November 28, 2021.
Dow Jones Commodity Index Crude Oil TR (INDEX:DJCICLT)
Weak Downtrend (-65) - DJCICLT is showing signs of a strengthening downtrend. Monitor DJCICLT as it may be building momentum to the downside.
Is it time to buy, sell, or avoid DJCICLT?
MarketClub looks at technical strength and momentum to determine if the timing is right for DJCICLT.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for DJCICLT
The long-term trend has been UP since Nov 24th, 2020 at 67.473
The intermediate-term trend has been DOWN since Nov 4th, 2021 at 121.322
The short-term trend has been DOWN since Nov 11th, 2021 at 125.024
Smart Scan Analysis for DJCICLT
Based on our trend formula, DJCICLT is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).