Index Trend Analysis Report
Prepared for you on Sunday, October 17, 2021.
Dow Jones Commodity Index Cotton (INDEX:DJCICT)
Countertrend Up (+85) - DJCICT is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid DJCICT?
MarketClub looks at technical strength and momentum to determine if the timing is right for DJCICT.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for DJCICT
The long-term trend has been UP since Aug 6th, 2021 at 153.236
The intermediate-term trend has been UP since Sep 24th, 2021 at 160.381
The short-term trend has been DOWN since Oct 11th, 2021 at 183.114
Smart Scan Analysis for DJCICT
Based on our trend formula, DJCICT is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||162.302||52wk High Date||2018-05-30|
|52wk Low||121.5032||52wk Low Date||2017-12-07|