Index Trend Analysis Report
Prepared for you on Sunday, October 24, 2021.
Dow Jones Commodity Index Cotton ER (INDEX:DJCICTP)
Countertrend Up (+85) - DJCICTP 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 DJCICTP?
MarketClub looks at technical strength and momentum to determine if the timing is right for DJCICTP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for DJCICTP
The long-term trend has been UP since Aug 6th, 2021 at 26.331
The intermediate-term trend has been UP since Sep 24th, 2021 at 27.392
The short-term trend has been DOWN since Oct 11th, 2021 at 31.275
Smart Scan Analysis for DJCICTP
Based on our trend formula, DJCICTP is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).