Index Trend Analysis Report

Prepared for you on Monday, May 6, 2024.

Dow Jones Commodity Index Petroleum TR (INDEX:DJCIPTT)

Crossroads (-60) - DJCIPTT is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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.

Open	High	Low	DJCIPTT Price	Change
49.154	49.407	49.126	49.359	+0.252
Entry Signal

MarketClub’s Trade Triangles for DJCIPTT

The long-term trend has been UP since Mar 1st, 2024 at 48.969

The intermediate-term trend has been DOWN since Apr 22nd, 2024 at 50.638

The short-term trend has been DOWN since Apr 30th, 2024 at 51.514

Smart Scan Analysis for DJCIPTT

Based on our trend formula, DJCIPTT is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60

Strong Downtrend Sideways Strong Uptrend

Open	High	Low	Price	Change
49.154	49.407	49.126	49.359	+0.252
Prev. Close	Volume	Bid	Ask	Time
49.107	0			2024-05-06 03:06:49

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