Index Trend Analysis Report
Prepared for you on Monday, May 10, 2021.
Dow Jones Commodity Index Feeder Cattle TR (INDEX:DJCIFCT)
Bear Market Rally (-75) - DJCIFCT is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on DJCIFCT as it may be in the beginning of a reversal.
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 Apr 19th, 2021 at 114.706
The intermediate-term trend has been DOWN since Apr 16th, 2021 at 116.530
The short-term trend has been UP since May 7th, 2021 at 110.691
Smart Scan Analysis for DJCIFCT
Based on our trend formula, DJCIFCT is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).