Index Trend Analysis Report
Prepared for you on Tuesday, March 2, 2021.
Dow Jones Commodity Index Heating Oil ER (INDEX:DJCIHOP)
Bull Market Weakness (+75) - DJCIHOP is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on DJCIHOP as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid DJCIHOP?
MarketClub looks at technical strength and momentum to determine if the timing is right for DJCIHOP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for DJCIHOP
The long-term trend has been UP since Nov 24th, 2020 at 166.266
The intermediate-term trend has been UP since Nov 9th, 2020 at 145.304
The short-term trend has been DOWN since Mar 1st, 2021 at 223.205
Smart Scan Analysis for DJCIHOP
Based on our trend formula, DJCIHOP is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).