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Index Trend Analysis Report
Prepared for you on Tuesday, October 22, 2024.
Dow Jones Commodity Index Soybeans TR (INDEX:DJCISOT)
Countertrend Down (-85) - DJCISOT 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 DJCISOT?
MarketClub looks at technical strength and momentum to determine if the timing is right for DJCISOT.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for DJCISOT
The long-term trend has been DOWN since Jun 26th, 2024 at 483.72
The intermediate-term trend has been DOWN since Oct 13th, 2024 at 445.59
The short-term trend has been UP since Oct 22nd, 2024 at 438.93
Smart Scan Analysis for DJCISOT
Based on our trend formula, DJCISOT is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 432.15 | 440.19 | 431.71 | 438.33 | +5.85 |
| Prev. Close | Volume | Bid | Ask | Time |
| 432.48 | 0 | 2024-10-22 23:39:34 |