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Index Trend Analysis Report

Prepared for you on Thursday, August 18, 2022.

Dow Jones Commodity Index Heating Oil (INDEX:DJCIHO)

Sidelines Mode (-55) - DJCIHO 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 DJCIHO?

MarketClub looks at technical strength and momentum to determine if the timing is right for DJCIHO.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

INDEX_DJCIHO
Open High Low DJCIHO Price Change
1125.83 1146.35 1114.52 1135.57 +16.48
Entry Signal

MarketClub’s Trade Triangles for DJCIHO

long term down The long-term trend has been DOWN since Aug 4th, 2022 at 1048.77

intermediate term down The intermediate-term trend has been DOWN since Jun 28th, 2022 at 1290.71

short term up The short-term trend has been UP since Aug 10th, 2022 at 1059.93

Smart Scan Analysis for DJCIHO

Based on our trend formula, DJCIHO is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for DJCIHO
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1125.83 1146.35 1114.52 1135.57 +16.48
Prev. Close Volume Bid Ask Time
1119.09 0 2022-08-18 20:29:09
52wk High771.833652wk High Date2018-10-03
52wk Low570.195352wk Low Date2018-02-14
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