Index Trend Analysis Report
Prepared for you on Monday, March 8, 2021.
Dow Jones Commodity Index Lean Hogs TR (INDEX:DJCILHT)
Countertrend Up (+85) - DJCILHT is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
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 Jan 26th, 2021 at 9.4862
The short-term trend has been DOWN since Mar 2nd, 2021 at 10.6441
Smart Scan Analysis for DJCILHT
Based on our trend formula, DJCILHT is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).