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Future Trend Analysis Report

Prepared for you on Friday, December 1, 2023.

COTTON #2 MAY 2024 (ICE:@CT.K24)

Long-Term Downtrend (-90) - @CT.K24 is in a strong downtrend that is likely to continue. While @CT.K24 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.K24?

MarketClub looks at technical strength and momentum to determine if the timing is right for @CT.K24.

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

Open High Low @CT.K24 Price Change
79.90 80.82 79.44 80.16 +0.29
Entry Signal

MarketClub’s Trade Triangles for @CT.K24

long term down The long-term trend has been DOWN since Nov 1st, 2023 at 83.55

intermediate term down The intermediate-term trend has been DOWN since Oct 12th, 2023 at 87.29

short term down The short-term trend has been DOWN since Nov 27th, 2023 at 80.51

Smart Scan Analysis for @CT.K24

Based on our trend formula, @CT.K24 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

Smart Scan Analysis for @CT.K24
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
79.90 80.82 79.44 80.16 +0.29
Prev. Close Volume Bid Ask Time
80.70 5171 2023-11-28 14:19:55
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