Future Trend Analysis Report
Prepared for you on Sunday, December 3, 2023.
COCOA MARCH 2024 (ICE:@CC.H24)
Bull Market Weakness (+75) - @CC.H24 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on @CC.H24 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid @CC.H24?
MarketClub looks at technical strength and momentum to determine if the timing is right for @CC.H24.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for @CC.H24
The long-term trend has been UP since Nov 10th, 2022 at 2467
The intermediate-term trend has been UP since Oct 16th, 2023 at 3538
The short-term trend has been UP since Oct 10th, 2023 at 3484
Smart Scan Analysis for @CC.H24
Based on our trend formula, @CC.H24 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||4294||52wk High Date||2023-11-30|
|52wk Low||2188||52wk Low Date||2022-09-26|