Future Trend Analysis Report
Prepared for you on Thursday, May 6, 2021.
COTTON #2 JULY 2021 (ICE:@CT.N21)
Strong Uptrend (+100) - @CT.N21 is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, @CT.N21 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.N21?
MarketClub looks at technical strength and momentum to determine if the timing is right for @CT.N21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for @CT.N21
The long-term trend has been UP since Jul 1st, 2020 at 62.29
The intermediate-term trend has been UP since Apr 15th, 2021 at 86.15
The short-term trend has been UP since May 6th, 2021 at 89.24
Smart Scan Analysis for @CT.N21
Based on our trend formula, @CT.N21 is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||96.22||52wk High Date||2021-02-25|
|52wk Low||54||52wk Low Date||2020-04-01|