Index Trend Analysis Report

Prepared for you on Thursday, October 21, 2021.

Dow Jones Commodity Index Petroleum ER (INDEX:DJCIPTP)

Bull Market Weakness (+75) - DJCIPTP is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on DJCIPTP as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid DJCIPTP?

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

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

Open	High	Low	DJCIPTP Price	Change
28.0465	28.1170	27.8281	27.8326	-0.4882
Entry Signal

MarketClub’s Trade Triangles for DJCIPTP

The long-term trend has been UP since Nov 24th, 2020 at 14.7988

The intermediate-term trend has been UP since Aug 30th, 2021 at 23.1845

The short-term trend has been DOWN since Oct 20th, 2021 at 27.4871

Smart Scan Analysis for DJCIPTP

Based on our trend formula, DJCIPTP is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75

Strong Downtrend Sideways Strong Uptrend

Open	High	Low	Price	Change
28.0465	28.1170	27.8281	27.8326	-0.4882
Prev. Close	Volume	Bid	Ask	Time
28.3208	0			2021-10-21 10:25:34

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