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Future Trend Analysis Report

Prepared for you on Friday, December 8, 2023.

COCOA MAY 2024 (ICE:@CC.K24)

Countertrend Up (+85) - @CC.K24 is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

Is it time to buy, sell, or avoid @CC.K24?

MarketClub looks at technical strength and momentum to determine if the timing is right for @CC.K24.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

Open High Low @CC.K24 Price Change
4158 4217 4108 4210 +50
Entry Signal

MarketClub’s Trade Triangles for @CC.K24

long term up The long-term trend has been UP since Nov 9th, 2022 at 2445

intermediate term up The intermediate-term trend has been UP since Oct 17th, 2023 at 3552

short term up The short-term trend has been UP since Dec 8th, 2023 at 4178

Smart Scan Analysis for @CC.K24

Based on our trend formula, @CC.K24 is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

Smart Scan Analysis for @CC.K24
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4158 4217 4108 4210 +50
Prev. Close Volume Bid Ask Time
4160 11217 4209 4211 2023-12-08 11:02:59
52wk High425752wk High Date2023-11-30
52wk Low218652wk Low Date2022-09-26
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