Index Trend Analysis Report
Prepared for you on Wednesday, May 22, 2019.
DJ COMMODITY INDEX ALUMINUM (INDEX:DJCIIA)
Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend 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 DJCIIA
The long term trend has been DOWN since Oct 25th, 2018 at 165.7873
The intermediate term trend has been DOWN since Apr 8th, 2019 at 155.1641
The short term trend has been DOWN since May 20th, 2019 at 151.4749
Smart Scan Analysis for DJCIIA
Based on a pre-defined weighted trend formula for chart analysis, DJCIIA scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||226.506||52wk High Date||2018-04-19|
|52wk Low||158.2052||52wk Low Date||2018-11-28|