Index Trend Analysis Report
Prepared for you on Saturday, September 19, 2020.
Dow Jones Commodity Index TR (INDEX:DJCIT)
Bull Market Weakness (+75) - DJCIT is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on DJCIT as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid DJCIT?
MarketClub looks at technical strength and momentum to determine if the timing is right for DJCIT.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for DJCIT
The long-term trend has been UP since Jul 1st, 2020 at 227.36
The intermediate-term trend has been DOWN since Sep 8th, 2020 at 243.33
The short-term trend has been UP since Sep 14th, 2020 at 243.16
Smart Scan Analysis for DJCIT
Based on our trend formula, DJCIT is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).