Index Trend Analysis Report

Prepared for you on Tuesday, April 23, 2024.

Dow Jones Commodity Index Wheat ER (INDEX:DJCIWHP)

Bull Market Weakness (+75) - DJCIWHP is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on DJCIWHP as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid DJCIWHP?

MarketClub looks at technical strength and momentum to determine if the timing is right for DJCIWHP.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

Open	High	Low	DJCIWHP Price	Change
6.7196	6.8358	6.6175	6.8358	+0.1389
Entry Signal

MarketClub’s Trade Triangles for DJCIWHP

The long-term trend has been DOWN since Feb 16th, 2024 at 6.5060

The intermediate-term trend has been UP since Apr 22nd, 2024 at 6.6881

The short-term trend has been UP since Apr 21st, 2024 at 6.4616

Smart Scan Analysis for DJCIWHP

Based on our trend formula, DJCIWHP is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70

Strong Downtrend Sideways Strong Uptrend

Open	High	Low	Price	Change
6.7196	6.8358	6.6175	6.8358	+0.1389
Prev. Close	Volume	Bid	Ask	Time
6.6969	0			2024-04-23 19:48:14

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