Index Trend Analysis Report
Prepared for you on Thursday, February 21, 2019.
DJ COMMODITY INDEX ENERGY & METAL (INDEX:DJCIEMC)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight money management stops.
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 DJCIEMC
The long term trend has been DOWN since Dec 14th, 2018 at 123.3822
The intermediate term trend has been UP since Jan 14th, 2019 at 120.4972
The short term trend has been UP since Feb 12th, 2019 at 122.1171
Smart Scan Analysis for DJCIEMC
Based on a pre-defined weighted trend formula for chart analysis, DJCIEMC scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||138.1568||52wk High Date||2018-04-19|
|52wk Low||120.7179||52wk Low Date||2017-12-07|