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Index Trend Analysis Report

Prepared for you on Sunday, May 22, 2022.

Dow Jones Commodity Index Copper (INDEX:DJCIIC)

Bear Market Rally (-75) - DJCIIC is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on DJCIIC as it may be in the beginning of a reversal.

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

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

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

INDEX_DJCIIC
Open High Low DJCIIC Price Change
647.89 652.66 643.78 644.43 -1.47
Entry Signal

MarketClub’s Trade Triangles for DJCIIC

long term down The long-term trend has been DOWN since May 2nd, 2022 at 655.64

intermediate term down The intermediate-term trend has been DOWN since Apr 11th, 2022 at 696.88

short term up The short-term trend has been UP since May 17th, 2022 at 643.90

Smart Scan Analysis for DJCIIC

Based on our trend formula, DJCIIC is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for DJCIIC
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
647.89 652.66 643.78 644.43 -1.47
Prev. Close Volume Bid Ask Time
646.62 0 2022-05-20 13:14:49
52wk High503.520752wk High Date2018-06-07
52wk Low395.440552wk Low Date2018-08-15
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