Index Trend Analysis Report
Prepared for you on Saturday, June 19, 2021.
Dow Jones Commodity Index Cotton TR (INDEX:DJCICTT)
Sidelines Mode (-55) - DJCICTT 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 DJCICTT?
MarketClub looks at technical strength and momentum to determine if the timing is right for DJCICTT.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for DJCICTT
The long-term trend has been DOWN since Apr 1st, 2021 at 34.042
The intermediate-term trend has been UP since Jun 7th, 2021 at 36.870
The short-term trend has been DOWN since Jun 14th, 2021 at 36.514
Smart Scan Analysis for DJCICTT
Based on our trend formula, DJCICTT is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).