Index Trend Analysis Report
Prepared for you on Monday, March 8, 2021.
Dow Jones Commodity Index Silver TR (INDEX:DJCISIT)
Crossroads (-60) - DJCISIT is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid DJCISIT?
MarketClub looks at technical strength and momentum to determine if the timing is right for DJCISIT.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for DJCISIT
The long-term trend has been UP since Jun 1st, 2020 at 304.08
The intermediate-term trend has been DOWN since Mar 2nd, 2021 at 418.83
The short-term trend has been DOWN since Feb 25th, 2021 at 437.56
Smart Scan Analysis for DJCISIT
Based on our trend formula, DJCISIT is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).