Index Trend Analysis Report
Prepared for you on Wednesday, March 20, 2019.
DJ COMMODITY INDEX GOLD (INDEX:DJCIGC)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight money management stops.
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 DJCIGC
The long term trend has been UP since Dec 5th, 2018 at 430.2141
The intermediate term trend has been DOWN since Mar 1st, 2019 at 451.3812
The short term trend has been UP since Mar 7th, 2019 at 445.6146
Smart Scan Analysis for DJCIGC
Based on a pre-defined weighted trend formula for chart analysis, DJCIGC scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||473.239||52wk High Date||2018-01-25|
|52wk Low||403.0387||52wk Low Date||2018-08-16|