Free Daily Analysis

Future Trend Analysis Report

Prepared for you on Tuesday, April 7, 2020.

COTTON #2 DECEMBER 2020 (ICE:@CT.Z20)

Long-Term Downtrend (-90) - @CT.Z20 is in a strong downtrend that is likely to continue. While @CT.Z20 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.Z20?

MarketClub looks at technical strength and momentum to determine if the timing is right for @CT.Z20.

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

ICE_@CT.Z20
Open High Low @CT.Z20 Price Change
52.21 52.33 50.89 51.71 -0.37
Entry Signal

MarketClub’s Trade Triangles for @CT.Z20

long term down The long-term trend has been DOWN since Feb 26th, 2020 at 66.29

intermediate term down The intermediate-term trend has been DOWN since Jan 27th, 2020 at 70.34

short term down The short-term trend has been DOWN since Mar 10th, 2020 at 63.63

Smart Scan Analysis for @CT.Z20

Based on our trend formula, @CT.Z20 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for @CT.Z20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
52.21 52.33 50.89 51.71 -0.37
Prev. Close Volume Bid Ask Time
54.12 759 51.72 51.81 2020-04-05 22:17:42
52wk High201852wk Low70.85
52wk Low Date2019-01-03Volatility10.25
Expiration2020-12-08
Get a free daily analysis and signals for COTTON #2 DECEMBER 2020 (@CT.Z20) - Request Your Free Report.