Futopt Trend Analysis Report
Prepared for you on Monday, January 24, 2022.
COCOA MAY 2023 CALL 2750 (ICE:@CC.K23.2750C)
Strong Downtrend (-100) - @CC.K23.2750C is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, @CC.K23.2750C continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid @CC.K23.2750C?
MarketClub looks at technical strength and momentum to determine if the timing is right for @CC.K23.2750C.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for @CC.K23.2750C
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.K23.2750C
Based on our trend formula, @CC.K23.2750C is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).