Futopt Trend Analysis Report
Prepared for you on Wednesday, January 19, 2022.
COTTON #2 JULY 2024 PUT 7500 (ICE:@CT.N24.7500P)
Long-Term Downtrend (-90) - @CT.N24.7500P is in a strong downtrend that is likely to continue. While @CT.N24.7500P 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 @CT.N24.7500P?
MarketClub looks at technical strength and momentum to determine if the timing is right for @CT.N24.7500P.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for @CT.N24.7500P
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 @CT.N24.7500P
Based on our trend formula, @CT.N24.7500P is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).