Index Trend Analysis Report
Prepared for you on Friday, December 6, 2019.
Dow Jones Commodity Index Heating Oil (INDEX:DJCIHO)
Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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 DJCIHO
The long term trend has been UP since Sep 16th, 2019 at 633.1002
The intermediate term trend has been UP since Nov 27th, 2019 at 619.8490
The short term trend has been UP since Dec 5th, 2019 at 611.6570
Smart Scan Analysis for DJCIHO
Based on a pre-defined weighted trend formula for chart analysis, DJCIHO scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||771.8336||52wk High Date||2018-10-03|
|52wk Low||570.1953||52wk Low Date||2018-02-14|