Index Trend Analysis Report
Prepared for you on Friday, October 18, 2019.
Dow Jones Commodity Index Lean Hogs (INDEX:DJCILH)
Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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 DJCILH
The long term trend has been DOWN since Jul 8th, 2019 at 171.1239
The intermediate term trend has been DOWN since Oct 7th, 2019 at 149.7400
The short term trend has been DOWN since Oct 17th, 2019 at 157.6400
Smart Scan Analysis for DJCILH
Based on a pre-defined weighted trend formula for chart analysis, DJCILH scored -100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||184.95680000||52wk High Date||2018-05-30|
|52wk Low||110.48990000||52wk Low Date||2018-08-09|