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Index Trend Analysis Report

Prepared for you on Wednesday, September 27, 2023.

Dow Jones Commodity Index Nickel TR (INDEX:DJCIIKT)

Long-Term Downtrend (-90) - DJCIIKT is in a strong downtrend that is likely to continue. While DJCIIKT is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

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

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

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INDEX_DJCIIKT
Open High Low DJCIIKT Price Change
721.09 736.24 717.01 733.52 +4.00
Entry Signal

MarketClub’s Trade Triangles for DJCIIKT

long term down The long-term trend has been DOWN since Mar 2nd, 2023 at 933.06

intermediate term down The intermediate-term trend has been DOWN since Aug 9th, 2023 at 799.81

short term down The short-term trend has been DOWN since Sep 7th, 2023 at 794.16

Smart Scan Analysis for DJCIIKT

Based on our trend formula, DJCIIKT is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for DJCIIKT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
721.09 736.24 717.01 733.52 +4.00
Prev. Close Volume Bid Ask Time
729.52 0 2023-09-27 10:26:24
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