Futopt Trend Analysis Report
Prepared for you on Wednesday, November 25, 2020.
COCOA SEPTEMBER 2021 CALL 2550 (ICE:@CC.U21.2550C)
Long-Term Downtrend (-90) - @CC.U21.2550C is in a strong downtrend that is likely to continue. While @CC.U21.2550C 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.U21.2550C?
MarketClub looks at technical strength and momentum to determine if the timing is right for @CC.U21.2550C.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for @CC.U21.2550C
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.U21.2550C
Based on our trend formula, @CC.U21.2550C is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).