Index Trend Analysis Report
Prepared for you on Saturday, May 25, 2019.
DJ COMMODITY INDEX GOLD (INDEX:DJCIGC)
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 DJCIGC
The long term trend has been DOWN since Apr 16th, 2019 at 441.3674
The intermediate term trend has been UP since May 12th, 2019 at 447.1133
The short term trend has been DOWN since May 23rd, 2019 at 441.4365
Smart Scan Analysis for DJCIGC
Based on a pre-defined weighted trend formula for chart analysis, DJCIGC scored -55 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|