Index Trend Analysis Report
Prepared for you on Monday, June 1, 2020.
Dow Jones Commodity Index Energy ER (INDEX:DJCIENP)
Bull Market Weakness (+75) - DJCIENP is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on DJCIENP as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid DJCIENP?
MarketClub looks at technical strength and momentum to determine if the timing is right for DJCIENP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for DJCIENP
The long-term trend has been DOWN since Jan 27th, 2020 at 14.2290
The intermediate-term trend has been UP since May 18th, 2020 at 6.4301
The short-term trend has been UP since May 26th, 2020 at 7.1997
Smart Scan Analysis for DJCIENP
Based on our trend formula, DJCIENP is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).