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Future Trend Analysis Report

Prepared for you on Wednesday, November 29, 2023.

COTTON #2 MARCH 2024 (ICE:@CT.H24)

Long-Term Downtrend (-90) - @CT.H24 is in a strong downtrend that is likely to continue. While @CT.H24 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid @CT.H24?

MarketClub looks at technical strength and momentum to determine if the timing is right for @CT.H24.

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

Open High Low @CT.H24 Price Change
79.59 80.40 79.30 79.71 +0.11
Entry Signal

MarketClub’s Trade Triangles for @CT.H24

long term down The long-term trend has been DOWN since Nov 2nd, 2023 at 83.42

intermediate term down The intermediate-term trend has been DOWN since Oct 11th, 2023 at 86.48

short term down The short-term trend has been DOWN since Nov 27th, 2023 at 79.70

Smart Scan Analysis for @CT.H24

Based on our trend formula, @CT.H24 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

Smart Scan Analysis for @CT.H24
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
79.59 80.40 79.30 79.71 +0.11
Prev. Close Volume Bid Ask Time
79.60 7328 79.70 79.72 2023-11-29 12:20:04
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