Index Trend Analysis Report
Prepared for you on Friday, May 7, 2021.
Dow Jones Commodity Index Copper ER (INDEX:DJCIICP)
Long-Term Uptrend (+90) - DJCIICP is in a strong uptrend that is likely to continue. While DJCIICP is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid DJCIICP?
MarketClub looks at technical strength and momentum to determine if the timing is right for DJCIICP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for DJCIICP
The long-term trend has been UP since Jun 10th, 2020 at 401.818
The intermediate-term trend has been UP since Apr 15th, 2021 at 631.579
The short-term trend has been UP since Apr 14th, 2021 at 622.484
Smart Scan Analysis for DJCIICP
Based on our trend formula, DJCIICP is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).