Index Trend Analysis Report
Prepared for you on Thursday, May 6, 2021.
Dow Jones Commodity Index Feeder Cattle ER (INDEX:DJCIFCP)
Long-Term Downtrend (-90) - DJCIFCP is in a strong downtrend that is likely to continue. While DJCIFCP is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid DJCIFCP?
MarketClub looks at technical strength and momentum to determine if the timing is right for DJCIFCP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for DJCIFCP
The long-term trend has been DOWN since Apr 19th, 2021 at 89.8891
The intermediate-term trend has been DOWN since Apr 16th, 2021 at 91.3094
The short-term trend has been DOWN since Apr 30th, 2021 at 87.4269
Smart Scan Analysis for DJCIFCP
Based on our trend formula, DJCIFCP is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).