Index Trend Analysis Report
Prepared for you on Thursday, March 30, 2023.
Dow Jones Commodity Index Live Cattle ER (INDEX:DJCILCP)
Weak Uptrend (+65) - DJCILCP is showing signs of weakening momentum to the upside. Monitor DJCILCP as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid DJCILCP?
MarketClub looks at technical strength and momentum to determine if the timing is right for DJCILCP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for DJCILCP
The long-term trend has been UP since Aug 3rd, 2022 at 60.821
The intermediate-term trend has been DOWN since Mar 13th, 2023 at 64.474
The short-term trend has been UP since Mar 24th, 2023 at 63.605
Smart Scan Analysis for DJCILCP
Based on our trend formula, DJCILCP is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).