Index Trend Analysis Report
Prepared for you on Sunday, June 20, 2021.
Dow Jones Commodity Index Cotton (INDEX:DJCICT)
Sidelines Mode (-55) - DJCICT 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 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 DOWN since Apr 1st, 2021 at 132.187
The intermediate-term trend has been UP since Jun 7th, 2021 at 145.484
The short-term trend has been DOWN since Jun 14th, 2021 at 144.911
Smart Scan Analysis for DJCICT
Based on our trend formula, DJCICT is rated as a -55 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|