Future Trend Analysis Report
Prepared for you on Saturday, October 1, 2022.
COTTON #2 MARCH 2023 (ICE:@CT.H23)
Strong Downtrend (-100) - @CT.H23 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, @CT.H23 continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid @CT.H23?
MarketClub looks at technical strength and momentum to determine if the timing is right for @CT.H23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for @CT.H23
The long-term trend has been DOWN since Jun 24th, 2022 at 96.69
The intermediate-term trend has been DOWN since Sep 6th, 2022 at 102.63
The short-term trend has been DOWN since Sep 2nd, 2022 at 110.45
Smart Scan Analysis for @CT.H23
Based on our trend formula, @CT.H23 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).