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Index Trend Analysis Report

Prepared for you on Tuesday, December 5, 2023.

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.

INDEX_DJCIPTT
Open High Low DJCIPTT Price Change
44.606 45.206 44.054 44.207 -0.526
Entry Signal

MarketClub’s Trade Triangles for DJCIPTT

long term down The long-term trend has been DOWN since Nov 8th, 2023 at 45.417

intermediate term down The intermediate-term trend has been DOWN since Oct 4th, 2023 at 50.506

short term down The short-term trend has been DOWN since Dec 1st, 2023 at 45.545

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).

-90
Smart Scan Analysis for DJCIPTT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
44.606 45.206 44.054 44.207 -0.526
Prev. Close Volume Bid Ask Time
44.733 0 2023-12-05 20:29:39
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