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Future Trend Analysis Report

Prepared for you on Friday, December 1, 2023.

COTTON #2 JULY 2024 (ICE:@CT.N24)

Strong Downtrend (-100) - @CT.N24 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, @CT.N24 continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid @CT.N24?

MarketClub looks at technical strength and momentum to determine if the timing is right for @CT.N24.

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

Open High Low @CT.N24 Price Change
81.14 81.25 80.53 80.92 -0.36
Entry Signal

MarketClub’s Trade Triangles for @CT.N24

long term down The long-term trend has been DOWN since Nov 2nd, 2023 at 83.34

intermediate term down The intermediate-term trend has been DOWN since Oct 18th, 2023 at 87.08

short term down The short-term trend has been DOWN since Nov 27th, 2023 at 81.11

Smart Scan Analysis for @CT.N24

Based on our trend formula, @CT.N24 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

Smart Scan Analysis for @CT.N24
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
81.14 81.25 80.53 80.92 -0.36
Prev. Close Volume Bid Ask Time
81.28 1103 80.90 80.94 2023-12-01 13:11:20
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