Index Trend Analysis Report
Prepared for you on Saturday, September 24, 2022.
Dow Jones Commodity Index Sugar TR (INDEX:DJCISBT)
Bear Market Rally (-75) - DJCISBT is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on DJCISBT as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid DJCISBT?
MarketClub looks at technical strength and momentum to determine if the timing is right for DJCISBT.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for DJCISBT
The long-term trend has been DOWN since Jul 1st, 2022 at 111.01
The intermediate-term trend has been DOWN since Sep 19th, 2022 at 109.16
The short-term trend has been UP since Sep 21st, 2022 at 112.18
Smart Scan Analysis for DJCISBT
Based on our trend formula, DJCISBT is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).