Future Trend Analysis Report
Prepared for you on Wednesday, April 1, 2020.
COTTON #2 MAY 2020 (ICE:@CT.K20)
Strong Downtrend (-100) - @CT.K20 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid @CT.K20?
MarketClub looks at technical strength and momentum to determine if the timing is right for @CT.K20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for @CT.K20
The long-term trend has been DOWN since Feb 27th, 2020 at 64.88
The intermediate-term trend has been DOWN since Jan 27th, 2020 at 69.77
The short-term trend has been DOWN since Mar 27th, 2020 at 52.78
Smart Scan Analysis for @CT.K20
Based on our trend formula, @CT.K20 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||79.4||52wk High Date||2018-12-07|
|52wk Low||48.8||52wk Low Date||2020-03-30|