Index Trend Analysis Report
Prepared for you on Friday, January 15, 2021.
Dow Jones Commodity Index Unleaded Gasoline ER (INDEX:DJCIRBP)
Bull Market Weakness (+75) - DJCIRBP is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on DJCIRBP as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid DJCIRBP?
MarketClub looks at technical strength and momentum to determine if the timing is right for DJCIRBP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for DJCIRBP
The long-term trend has been UP since Nov 24th, 2020 at 406.39
The intermediate-term trend has been UP since Nov 9th, 2020 at 382.48
The short-term trend has been DOWN since Jan 15th, 2021 at 492.11
Smart Scan Analysis for DJCIRBP
Based on our trend formula, DJCIRBP is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).