Futopt Trend Analysis Report
Prepared for you on Monday, November 29, 2021.
COCOA DECEMBER 2022 PUT 2950 (ICE:@CC.Z22.2950P)
Long-Term Downtrend (-90) - @CC.Z22.2950P is in a strong downtrend that is likely to continue. While @CC.Z22.2950P 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.Z22.2950P?
MarketClub looks at technical strength and momentum to determine if the timing is right for @CC.Z22.2950P.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for @CC.Z22.2950P
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.Z22.2950P
Based on our trend formula, @CC.Z22.2950P is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).