Index Trend Analysis Report
Prepared for you on Saturday, May 25, 2019.
DJ COMMODITY INDEX SOYBEANS (INDEX:DJCISO)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for DJCISO
The long term trend has been DOWN since Apr 23rd, 2019 at 167.2822
The intermediate term trend has been DOWN since Apr 23rd, 2019 at 167.3769
The short term trend has been UP since May 24th, 2019 at 157.1496
Smart Scan Analysis for DJCISO
Based on a pre-defined weighted trend formula for chart analysis, DJCISO scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||205.0189||52wk High Date||2018-03-02|
|52wk Low||153.8352||52wk Low Date||2018-09-18|