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Index Trend Analysis Report

Prepared for you on Tuesday, July 23, 2024.

Dow Jones Global Basic Materials Index (INDEX:W1BSC)

Weak Uptrend (+65) - W1BSC is showing signs of weakening momentum to the upside. Monitor W1BSC as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid W1BSC?

MarketClub looks at technical strength and momentum to determine if the timing is right for W1BSC.

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

INDEX_W1BSC
Open High Low W1BSC Price Change
365.67 365.72 362.36 363.80 -2.12
Entry Signal

MarketClub’s Trade Triangles for W1BSC

long term up The long-term trend has been UP since Dec 14th, 2023 at 358.85

intermediate term up The intermediate-term trend has been UP since Jul 11th, 2024 at 370.15

short term down The short-term trend has been DOWN since Jul 18th, 2024 at 370.99

Smart Scan Analysis for W1BSC

Based on our trend formula, W1BSC is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+65
Smart Scan Analysis for W1BSC
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
365.67 365.72 362.36 363.80 -2.12
Prev. Close Volume Bid Ask Time
365.92 0 2024-07-23 16:34:35
52wk High351.3852wk High Date2018-01-25
52wk Low269.1952wk Low Date2018-11-28
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