Index Trend Analysis Report
Prepared for you on Friday, February 21, 2020.
Dow Jones Commodity Index Feeder Cattle TR (INDEX:DJCIFCT)
Sidelines Mode (-55) - DJCIFCT is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid DJCIFCT?
MarketClub looks at technical strength and momentum to determine if the timing is right for DJCIFCT.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for DJCIFCT
The long-term trend has been DOWN since Jan 27th, 2020 at 132.458
The intermediate-term trend has been UP since Feb 19th, 2020 at 137.214
The short-term trend has been DOWN since Feb 21st, 2020 at 136.177
Smart Scan Analysis for DJCIFCT
Based on our trend formula, DJCIFCT is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).