Index Trend Analysis Report

Prepared for you on Friday, June 9, 2023.

Dow Jones Commodity Index Wheat TR (INDEX:DJCIWHT)

Sidelines Mode (-55) - DJCIWHT is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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

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

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

Open	High	Low	DJCIWHT Price	Change
12.308	12.410	12.263	12.405	+0.123
Entry Signal

MarketClub’s Trade Triangles for DJCIWHT

The long-term trend has been DOWN since Dec 2nd, 2022 at 15.347

The intermediate-term trend has been DOWN since Apr 21st, 2023 at 13.177

The short-term trend has been UP since Jun 1st, 2023 at 12.195

Smart Scan Analysis for DJCIWHT

Based on our trend formula, DJCIWHT is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55

Strong Downtrend Sideways Strong Uptrend

Open	High	Low	Price	Change
12.308	12.410	12.263	12.405	+0.123
Prev. Close	Volume	Bid	Ask	Time
12.282	0			2023-06-09 07:36:59

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