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Index Trend Analysis Report

Prepared for you on Thursday, March 28, 2024.

Dow Jones Commodity Index ER (INDEX:DJCIP)

Countertrend Up (+85) - DJCIP 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 DJCIP?

MarketClub looks at technical strength and momentum to determine if the timing is right for DJCIP.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

INDEX_DJCIP
Open High Low DJCIP Price Change
272.98 276.05 272.18 275.77 +2.48
Entry Signal

MarketClub’s Trade Triangles for DJCIP

long term up The long-term trend has been UP since Mar 17th, 2024 at 275.35

intermediate term up The intermediate-term trend has been UP since Mar 1st, 2024 at 267.22

short term down The short-term trend has been DOWN since Mar 22nd, 2024 at 273.31

Smart Scan Analysis for DJCIP

Based on our trend formula, DJCIP is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for DJCIP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
272.98 276.05 272.18 275.77 +2.48
Prev. Close Volume Bid Ask Time
273.29 0 2024-03-28 15:09:59
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