Index Trend Analysis Report
Prepared for you on Sunday, August 9, 2020.
Dow Jones Commodity Index Lead TR (INDEX:DJCIILT)
Long-Term Uptrend (+90) - DJCIILT is in a strong uptrend that is likely to continue. While DJCIILT 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 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.
MarketClub’s Trade Triangles for DJCIILT
The long-term trend has been UP since Jul 7th, 2020 at 368.5068
The intermediate-term trend has been UP since May 19th, 2020 at 342.0418
The short-term trend has been UP since Aug 5th, 2020 at 381.5343
Smart Scan Analysis for DJCIILT
Based on our trend formula, DJCIILT is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).