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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.

INDEX_DJCIPTT
Open High Low DJCIPTT Price Change
45.706 46.029 45.679 46.002 +0.220
Entry Signal

MarketClub’s Trade Triangles for DJCIPTT

long term down The long-term trend has been DOWN since Jun 3rd, 2024 at 47.623

intermediate term down The intermediate-term trend has been DOWN since Oct 28th, 2024 at 45.323

short term down 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).

-90
Smart Scan Analysis for DJCIPTT
Strong Downtrend Sideways 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
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