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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.

INDEX_DJCICTP
Open High Low DJCICTP Price Change
31.001 31.384 30.849 31.160 +0.611
Entry Signal

MarketClub’s Trade Triangles for DJCICTP

long term up The long-term trend has been UP since Aug 6th, 2021 at 26.331

intermediate term up The intermediate-term trend has been UP since Sep 24th, 2021 at 27.392

short term down 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).

+85
Smart Scan Analysis for DJCICTP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
31.001 31.384 30.849 31.160 +0.611
Prev. Close Volume Bid Ask Time
31.160 0 2021-10-22 15:36:26
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