Index Trend Analysis Report
Prepared for you on Monday, February 24, 2020.
Dow Jones Commodity Index Natural Gas ER (INDEX:DJCINGP)
Countertrend Up (+85) - DJCINGP 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 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 UP since Feb 12th, 2020 at 23.2629
The intermediate-term trend has been UP since Feb 12th, 2020 at 23.2629
The short-term trend has been DOWN since Feb 21st, 2020 at 24.0875
Smart Scan Analysis for DJCINGP
Based on our trend formula, DJCINGP is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).