Index Trend Analysis Report
Prepared for you on Saturday, September 21, 2019.
Dow Jones Commodity Index Cotton TR (INDEX:DJCICTT)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for DJCICTT
The long term trend has been DOWN since May 9th, 2019 at 32.470
The intermediate term trend has been UP since Sep 12th, 2019 at 27.840
The short term trend has been DOWN since Sep 18th, 2019 at 28.196
Smart Scan Analysis for DJCICTT
Based on a pre-defined weighted trend formula for chart analysis, DJCICTT scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).