Future Trend Analysis Report
Prepared for you on Saturday, November 28, 2020.
COTTON #2 MAY 2021 (ICE:@CT.K21)
Strong Uptrend (+100) - @CT.K21 is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, @CT.K21 continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid @CT.K21?
MarketClub looks at technical strength and momentum to determine if the timing is right for @CT.K21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for @CT.K21
The long-term trend has been UP since Jul 1st, 2020 at 61.85
The intermediate-term trend has been UP since Apr 20th, 2020 at 57.95
The short-term trend has been UP since Nov 19th, 2020 at 72.87
Smart Scan Analysis for @CT.K21
Based on our trend formula, @CT.K21 is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).