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Futopt Trend Analysis Report
Prepared for you on Wednesday, April 24, 2024.
COTTON #2 OCTOBER 2024 PUT 8500 (ICE:@CT.V24.8500P)
Strong Downtrend (-100) - @CT.V24.8500P is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, @CT.V24.8500P continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid @CT.V24.8500P?
MarketClub looks at technical strength and momentum to determine if the timing is right for @CT.V24.8500P.
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.V24.8500P
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.V24.8500P
Based on our trend formula, @CT.V24.8500P is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 10.06 | 10.06 | 10.06 | 10.00 | -0.06 |
| Prev. Close | Volume | Bid | Ask | Time |
| 10.06 | 0 | 2024-04-17 10:58:14 |