Index Trend Analysis Report
Prepared for you on Saturday, September 21, 2019.
Dow Jones Commodity Index Live Cattle (INDEX:DJCILC)
Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight 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 DJCILC
The long term trend has been DOWN since Mar 12th, 2019 at 183.1936
The intermediate term trend has been UP since Sep 11th, 2019 at 154.1159
The short term trend has been UP since Sep 10th, 2019 at 149.2000
Smart Scan Analysis for DJCILC
Based on a pre-defined weighted trend formula for chart analysis, DJCILC scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||195.0457||52wk High Date||2018-02-20|
|52wk Low||148.0183||52wk Low Date||2018-04-04|