Index Trend Analysis Report
Prepared for you on Friday, December 4, 2020.
Dow Jones Commodity Index Lean Hogs TR (INDEX:DJCILHT)
Bull Market Weakness (+75) - DJCILHT is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on DJCILHT as it may be in the beginning stages 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 UP since Sep 4th, 2020 at 8.0544
The intermediate-term trend has been UP since Nov 30th, 2020 at 9.0075
The short-term trend has been DOWN since Dec 3rd, 2020 at 8.8627
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).