Index Trend Analysis Report
Prepared for you on Wednesday, July 17, 2019.
Dow Jones Commodity Index Feeder Cattle ER (INDEX:DJCIFCP)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.
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 DJCIFCP
The long term trend has been DOWN since Apr 29th, 2019 at 113.53
The intermediate term trend has been UP since Jul 9th, 2019 at 104.73
The short term trend has been DOWN since Jul 12th, 2019 at 106.72
Smart Scan Analysis for DJCIFCP
Based on a pre-defined weighted trend formula for chart analysis, DJCIFCP scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).