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Index Trend Analysis Report

Prepared for you on Wednesday, April 24, 2024.

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.

INDEX_DJCINGP
Open High Low DJCINGP Price Change
7.0737 7.1038 6.9664 6.9697 -0.1140
Entry Signal

MarketClub’s Trade Triangles for DJCINGP

long term down The long-term trend has been DOWN since Nov 9th, 2023 at 10.8092

intermediate term up The intermediate-term trend has been UP since Apr 10th, 2024 at 7.1201

short term up The short-term trend has been UP since Apr 22nd, 2024 at 6.8021

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).

+60
Smart Scan Analysis for DJCINGP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
7.0737 7.1038 6.9664 6.9697 -0.1140
Prev. Close Volume Bid Ask Time
7.0837 0 2024-04-24 08:12:54
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