Index Trend Analysis Report
Prepared for you on Sunday, December 10, 2023.
Dow Jones Commodity Index Aluminum ER (INDEX:DJCIIAP)
Strong Downtrend (-100) - DJCIIAP is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, DJCIIAP continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid DJCIIAP?
MarketClub looks at technical strength and momentum to determine if the timing is right for DJCIIAP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for DJCIIAP
The long-term trend has been DOWN since Dec 5th, 2023 at 58.333
The intermediate-term trend has been DOWN since Nov 28th, 2023 at 59.051
The short-term trend has been DOWN since Nov 24th, 2023 at 59.639
Smart Scan Analysis for DJCIIAP
Based on our trend formula, DJCIIAP is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).