Index Trend Analysis Report
Prepared for you on Wednesday, February 20, 2019.
DJ COMMODITY INDEX LEAD (INDEX:DJCIIL)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight money management stops.
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 DJCIIL
The long term trend has been UP since Dec 17th, 2018 at 431.9635
The intermediate term trend has been DOWN since Feb 19th, 2019 at 408.7265
The short term trend has been DOWN since Feb 19th, 2019 at 410.7560
Smart Scan Analysis for DJCIIL
Based on a pre-defined weighted trend formula for chart analysis, DJCIIL scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||545.6114||52wk High Date||2018-02-02|
|52wk Low||379.9087||52wk Low Date||2018-10-11|