Index Trend Analysis Report
Prepared for you on Wednesday, January 26, 2022.
Dow Jones Commodity Index Natural Gas ER (INDEX:DJCINGP)
Crossroads (+60) - DJCINGP is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid DJCINGP?
MarketClub looks at technical strength and momentum to determine if the timing is right for DJCINGP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for DJCINGP
The long-term trend has been DOWN since Dec 1st, 2021 at 24.2534
The intermediate-term trend has been UP since Dec 29th, 2021 at 22.0663
The short-term trend has been UP since Jan 25th, 2022 at 22.9537
Smart Scan Analysis for DJCINGP
Based on our trend formula, DJCINGP is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).