Index Trend Analysis Report
Prepared for you on Saturday, November 27, 2021.
Dow Jones Commodity Index Lean Hogs TR (INDEX:DJCILHT)
Bear Market Rally (-75) - DJCILHT is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on DJCILHT as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid DJCILHT?
MarketClub looks at technical strength and momentum to determine if the timing is right for DJCILHT.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for DJCILHT
The long-term trend has been DOWN since Sep 13th, 2021 at 11.0666
The intermediate-term trend has been UP since Nov 16th, 2021 at 11.6197
The short-term trend has been DOWN since Nov 26th, 2021 at 11.7069
Smart Scan Analysis for DJCILHT
Based on our trend formula, DJCILHT is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).