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Future Trend Analysis Report

Prepared for you on Friday, September 29, 2023.

COCOA DECEMBER 2023 (ICE:@CC.Z23)

Crossroads (-60) - @CC.Z23 is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid @CC.Z23?

MarketClub looks at technical strength and momentum to determine if the timing is right for @CC.Z23.

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

ICE_@CC.Z23
Open High Low @CC.Z23 Price Change
3431 3471 3425 3455 +39
Entry Signal

MarketClub’s Trade Triangles for @CC.Z23

long term up The long-term trend has been UP since Nov 10th, 2022 at 2483

intermediate term down The intermediate-term trend has been DOWN since Sep 25th, 2023 at 3553

short term down The short-term trend has been DOWN since Sep 18th, 2023 at 3648

Smart Scan Analysis for @CC.Z23

Based on our trend formula, @CC.Z23 is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for @CC.Z23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3431 3471 3425 3455 +39
Prev. Close Volume Bid Ask Time
3416 23340 2023-09-28 13:29:58
52wk High376352wk High Date2023-09-15
52wk Low219552wk Low Date2022-09-26
Volatility20.32Expiration2023-12-13
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