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Index Trend Analysis Report

Prepared for you on Tuesday, April 23, 2024.

Dow Jones Commodity Index Heating Oil (INDEX:DJCIHO)

Strong Downtrend (-100) - DJCIHO is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, DJCIHO continues to fall. Traders should use caution and set stops.

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
810.37 816.95 803.43 803.97 -6.74
Entry Signal

MarketClub’s Trade Triangles for DJCIHO

long term down The long-term trend has been DOWN since Nov 7th, 2023 at 888.88

intermediate term down The intermediate-term trend has been DOWN since Apr 17th, 2024 at 812.85

short term down The short-term trend has been DOWN since Apr 9th, 2024 at 848.71

Smart Scan Analysis for DJCIHO

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

-100
Smart Scan Analysis for DJCIHO
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
810.37 816.95 803.43 803.97 -6.74
Prev. Close Volume Bid Ask Time
810.71 0 2024-04-23 07:22:29
52wk High771.833652wk High Date2018-10-03
52wk Low570.195352wk Low Date2018-02-14
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