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Index Trend Analysis Report

Prepared for you on Sunday, June 16, 2024.

Dow Jones Commodity Index Heating Oil TR (INDEX:DJCIHOT)

Crossroads (+60) - DJCIHOT is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid DJCIHOT?

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

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

INDEX_DJCIHOT
Open High Low DJCIHOT Price Change
921.97 941.10 918.86 919.19 -2.78
Entry Signal

MarketClub’s Trade Triangles for DJCIHOT

long term down The long-term trend has been DOWN since May 1st, 2024 at 924.48

intermediate term up The intermediate-term trend has been UP since Jun 14th, 2024 at 934.50

short term up The short-term trend has been UP since Jun 7th, 2024 at 879.79

Smart Scan Analysis for DJCIHOT

Based on our trend formula, DJCIHOT is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for DJCIHOT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
921.97 941.10 918.86 919.19 -2.78
Prev. Close Volume Bid Ask Time
919.19 0 2024-06-14 15:39:11
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