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Futopt Trend Analysis Report

Prepared for you on Wednesday, January 26, 2022.

COCOA MAY 2023 PUT 2450 (ICE:@CC.K23.2450P)

Long-Term Downtrend (-90) - @CC.K23.2450P is in a strong downtrend that is likely to continue. While @CC.K23.2450P is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid @CC.K23.2450P?

MarketClub looks at technical strength and momentum to determine if the timing is right for @CC.K23.2450P.

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ICE_@CC.K23.2450P
Open High Low @CC.K23.2450P Price Change
139 139 139 139 0
Entry Signal

MarketClub’s Trade Triangles for @CC.K23.2450P

long term down The long-term trend has been DOWN since at

intermediate term down The intermediate-term trend has been DOWN since at

short term down The short-term trend has been DOWN since at

Smart Scan Analysis for @CC.K23.2450P

Based on our trend formula, @CC.K23.2450P is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for @CC.K23.2450P
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
139 139 139 139 0
Prev. Close Volume Bid Ask Time
165 0 2022-01-21 00:00:00
Volatility0.21Strike Price2450
Expiration2023-04-06
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