Index Trend Analysis Report

Prepared for you on Wednesday, May 8, 2024.

Dow Jones Commodity Index Lead TR (INDEX:DJCIILT)

Countertrend Up (+85) - DJCIILT is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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

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

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

Open	High	Low	DJCIILT Price	Change
489.56	490.77	481.66	485.28	-3.51
Entry Signal

MarketClub’s Trade Triangles for DJCIILT

The long-term trend has been UP since Jun 21st, 2023 at 452.24

The intermediate-term trend has been UP since Apr 8th, 2024 at 470.33

The short-term trend has been DOWN since May 8th, 2024 at 483.18

Smart Scan Analysis for DJCIILT

Based on our trend formula, DJCIILT is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85

Strong Downtrend Sideways Strong Uptrend

Open	High	Low	Price	Change
489.56	490.77	481.66	485.28	-3.51
Prev. Close	Volume	Bid	Ask	Time
488.79	0			2024-05-08 13:14:59

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