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Index Trend Analysis Report
Prepared for you on Tuesday, December 10, 2024.
Dow Jones Commodity Index Petroleum TR (INDEX:DJCIPTT)
Long-Term Downtrend (-90) - DJCIPTT is in a strong downtrend that is likely to continue. While DJCIPTT is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid DJCIPTT?
MarketClub looks at technical strength and momentum to determine if the timing is right for DJCIPTT.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for DJCIPTT
The long-term trend has been DOWN since Jun 3rd, 2024 at 47.623
The intermediate-term trend has been DOWN since Oct 28th, 2024 at 45.323
The short-term trend has been DOWN since Dec 6th, 2024 at 45.591
Smart Scan Analysis for DJCIPTT
Based on our trend formula, DJCIPTT is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 45.706 | 46.029 | 45.679 | 46.002 | +0.220 |
| Prev. Close | Volume | Bid | Ask | Time |
| 45.782 | 0 | 2024-12-10 04:12:54 |