Futopt Trend Analysis Report
Prepared for you on Wednesday, January 19, 2022.
COCOA MAY 2023 PUT 1950 (ICE:@CC.K23.1950P)
Strong Downtrend (-100) - @CC.K23.1950P is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, @CC.K23.1950P continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid @CC.K23.1950P?
MarketClub looks at technical strength and momentum to determine if the timing is right for @CC.K23.1950P.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for @CC.K23.1950P
The long-term trend has been DOWN since at
The intermediate-term trend has been DOWN since at
The short-term trend has been DOWN since at
Smart Scan Analysis for @CC.K23.1950P
Based on our trend formula, @CC.K23.1950P is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).