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Index Trend Analysis Report

Prepared for you on Wednesday, May 29, 2024.

Dow Jones Commodity Index Sugar ER (INDEX:DJCISBP)

Countertrend Down (-85) - DJCISBP 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 DJCISBP?

MarketClub looks at technical strength and momentum to determine if the timing is right for DJCISBP.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

INDEX_DJCISBP
Open High Low DJCISBP Price Change
91.728 91.728 89.230 89.965 -1.763
Entry Signal

MarketClub’s Trade Triangles for DJCISBP

long term down The long-term trend has been DOWN since Dec 1st, 2023 at 118.187

intermediate term down The intermediate-term trend has been DOWN since Apr 11th, 2024 at 101.835

short term up The short-term trend has been UP since May 28th, 2024 at 90.944

Smart Scan Analysis for DJCISBP

Based on our trend formula, DJCISBP is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for DJCISBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
91.728 91.728 89.230 89.965 -1.763
Prev. Close Volume Bid Ask Time
91.728 0 2024-05-29 10:12:34
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