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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.

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

MarketClub’s Trade Triangles for DJCIWHT

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

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

short term up 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
Smart Scan Analysis for DJCIWHT
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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