Index Trend Analysis Report
Prepared for you on Sunday, July 3, 2022.
Dow Jones Commodity Index Cotton ER (INDEX:DJCICTP)
Bear Market Rally (-75) - DJCICTP is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on DJCICTP as it may be in the beginning of a reversal.
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 DOWN since Jun 27th, 2022 at 34.969
The intermediate-term trend has been DOWN since May 24th, 2022 at 43.239
The short-term trend has been UP since Jun 30th, 2022 at 35.533
Smart Scan Analysis for DJCICTP
Based on our trend formula, DJCICTP is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).