Future Trend Analysis Report
Prepared for you on Sunday, October 17, 2021.
COCOA MAY 2022 (ICE:@CC.K22)
Bull Market Weakness (+75) - @CC.K22 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on @CC.K22 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid @CC.K22?
MarketClub looks at technical strength and momentum to determine if the timing is right for @CC.K22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for @CC.K22
The long-term trend has been UP since Aug 12th, 2021 at 2614
The intermediate-term trend has been UP since Oct 1st, 2021 at 2725
The short-term trend has been UP since Sep 30th, 2021 at 2633
Smart Scan Analysis for @CC.K22
Based on our trend formula, @CC.K22 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||2801||52wk High Date||2021-10-05|
|52wk Low||2173||52wk Low Date||2020-07-01|