Future Trend Analysis Report
Prepared for you on Thursday, January 23, 2020.
COTTON #2 MAY 2021 (ICE:@CT.K21)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with money management stops.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for @CT.K21
The long term trend has been UP since Nov 6th, 2019 at 68.14
The intermediate term trend has been UP since Dec 12th, 2019 at 68.55
The short term trend has been UP since Dec 12th, 2019 at 68.22
Smart Scan Analysis for @CT.K21
Based on a pre-defined weighted trend formula for chart analysis, @CT.K21 scored +80 on a scale from -100 (strong downtrend) to +100 (strong uptrend).