Index Trend Analysis Report
Prepared for you on Thursday, March 23, 2023.
Dow Jones Commodity Index Unleaded Gasoline TR (INDEX:DJCIRBT)
Countertrend Down (-85) - DJCIRBT is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
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 Dec 8th, 2022 at 1436.87
The intermediate-term trend has been DOWN since Mar 15th, 2023 at 1639.27
The short-term trend has been UP since Mar 21st, 2023 at 1654.19
Smart Scan Analysis for DJCIRBT
Based on our trend formula, DJCIRBT is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).