Future Trend Analysis Report
Prepared for you on Wednesday, January 19, 2022.
COTTON #2 MAY 2022 (ICE:@CT.K22)
Countertrend Up (+85) - @CT.K22 is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid @CT.K22?
MarketClub looks at technical strength and momentum to determine if the timing is right for @CT.K22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for @CT.K22
The long-term trend has been UP since Jul 1st, 2020 at 62.15
The intermediate-term trend has been UP since Dec 28th, 2021 at 107.50
The short-term trend has been UP since Dec 23rd, 2021 at 107.25
Smart Scan Analysis for @CT.K22
Based on our trend formula, @CT.K22 is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).