Index Trend Analysis Report
Prepared for you on Monday, February 24, 2020.
Dow Jones Commodity Index Unleaded Gasoline TR (INDEX:DJCIRBT)
Sidelines Mode (+55) - DJCIRBT is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid DJCIRBT?
MarketClub looks at technical strength and momentum to determine if the timing is right for DJCIRBT.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for DJCIRBT
The long-term trend has been DOWN since Jan 27th, 2020 at 781.75
The intermediate-term trend has been UP since Feb 19th, 2020 at 852.74
The short-term trend has been DOWN since Feb 24th, 2020 at 845.24
Smart Scan Analysis for DJCIRBT
Based on our trend formula, DJCIRBT is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).