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Futopt Trend Analysis Report
Prepared for you on Saturday, April 20, 2024.
COTTON #2 JULY 2024 CALL 8500 (ICE:@CT.N24.8500C)
Long-Term Downtrend (-90) - @CT.N24.8500C is in a strong downtrend that is likely to continue. While @CT.N24.8500C 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.N24.8500C?
MarketClub looks at technical strength and momentum to determine if the timing is right for @CT.N24.8500C.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for @CT.N24.8500C
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.N24.8500C
Based on our trend formula, @CT.N24.8500C is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.77 | 1.80 | 1.77 | 1.80 | +0.01 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.79 | 170 | 2024-04-19 10:07:33 |