Futopt Trend Analysis Report
Prepared for you on Wednesday, June 16, 2021.
COCOA DECEMBER 2021 CALL 2350 (ICE:@CC.Z21.2350C)
Strong Downtrend (-100) - @CC.Z21.2350C is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid @CC.Z21.2350C?
MarketClub looks at technical strength and momentum to determine if the timing is right for @CC.Z21.2350C.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for @CC.Z21.2350C
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.Z21.2350C
Based on our trend formula, @CC.Z21.2350C is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).