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Index Trend Analysis Report
Prepared for you on Friday, November 22, 2024.
Dow Jones Commodity Index Cotton TR (INDEX:DJCICTT)
Countertrend Down (-85) - DJCICTT is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
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.
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MarketClub’s Trade Triangles for DJCICTT
The long-term trend has been DOWN since Apr 18th, 2024 at 45.624
The intermediate-term trend has been DOWN since Oct 14th, 2024 at 41.431
The short-term trend has been UP since Nov 20th, 2024 at 39.409
Smart Scan Analysis for DJCICTT
Based on our trend formula, DJCICTT is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 39.798 | 39.798 | 39.781 | 39.781 | +0.028 |
| Prev. Close | Volume | Bid | Ask | Time |
| 39.753 | 0 | 2024-11-22 00:25:24 |