Futopt Trend Analysis Report
Prepared for you on Saturday, January 22, 2022.
COFFEE MAY 2024 CALL 16500 (ICE:@KC.K24.16500C)
Long-Term Downtrend (-90) - @KC.K24.16500C is in a strong downtrend that is likely to continue. While @KC.K24.16500C 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 @KC.K24.16500C?
MarketClub looks at technical strength and momentum to determine if the timing is right for @KC.K24.16500C.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for @KC.K24.16500C
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 @KC.K24.16500C
Based on our trend formula, @KC.K24.16500C is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).