Future Trend Analysis Report
Prepared for you on Tuesday, September 26, 2023.
COTTON #2 OCTOBER 2023 (ICE:@CT.V23)
Weak Downtrend (-65) - @CT.V23 is showing signs of a strengthening downtrend. Monitor @CT.V23 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid @CT.V23?
MarketClub looks at technical strength and momentum to determine if the timing is right for @CT.V23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for @CT.V23
The long-term trend has been UP since Jul 25th, 2023 at 86.42
The intermediate-term trend has been DOWN since Sep 7th, 2023 at 84.53
The short-term trend has been DOWN since Sep 21st, 2023 at 85.35
Smart Scan Analysis for @CT.V23
Based on our trend formula, @CT.V23 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||90.33||52wk High Date||2023-07-26|
|52wk Low||75.88||52wk Low Date||2022-10-19|