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Future Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
COTTON #2 JULY 2024 (ICE:@CT.N24)
Bear Market Rally (-75) - @CT.N24 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on @CT.N24 as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid @CT.N24?
MarketClub looks at technical strength and momentum to determine if the timing is right for @CT.N24.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for @CT.N24
The long-term trend has been DOWN since Apr 16th, 2024 at 81.57
The intermediate-term trend has been DOWN since Mar 19th, 2024 at 93.13
The short-term trend has been UP since May 5th, 2024 at 78.62
Smart Scan Analysis for @CT.N24
Based on our trend formula, @CT.N24 is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 80.23 | 80.23 | 77.78 | 78.86 | -1.20 |
| Prev. Close | Volume | Bid | Ask | Time |
| 80.06 | 22339 | 78.86 | 78.89 | 2024-05-09 13:35:31 |
| 52wk High | 102.68 | 52wk High Date | 2024-02-28 |
| 52wk Low | 70.2 | 52wk Low Date | 2022-07-14 |
| Volatility | 24.82 | Expiration | 2024-07-09 |