Future Trend Analysis Report
Prepared for you on Sunday, March 7, 2021.
COTTON #2 MARCH 2021 (ICE:@CT.H21)
Countertrend Up (+85) - @CT.H21 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 @CT.H21?
MarketClub looks at technical strength and momentum to determine if the timing is right for @CT.H21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for @CT.H21
The long-term trend has been UP since Jul 1st, 2020 at 61.65
The intermediate-term trend has been UP since Apr 20th, 2020 at 57.15
The short-term trend has been DOWN since Feb 25th, 2021 at 89.00
Smart Scan Analysis for @CT.H21
Based on our trend formula, @CT.H21 is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||92.95||52wk High Date||2021-02-25|
|52wk Low||51.64||52wk Low Date||2020-04-02|