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Future Trend Analysis Report

Prepared for you on Friday, November 27, 2020.

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

Long-Term Uptrend (+90) - @CT.Z20 is in a strong uptrend that is likely to continue. While @CT.Z20 is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

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
71.02 71.02 70.90 70.90 -0.63
Entry Signal

MarketClub’s Trade Triangles for @CT.Z20

long term up The long-term trend has been UP since Jul 1st, 2020 at 61.14

intermediate term up The intermediate-term trend has been UP since Apr 20th, 2020 at 56.06

short term up The short-term trend has been UP since Nov 16th, 2020 at 68.77

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
71.02 71.02 70.90 70.90 -0.63
Prev. Close Volume Bid Ask Time
71.53 74 2020-11-25 12:40:37
52wk High77.552wk High Date2018-07-19
52wk Low50.1852wk Low Date2020-04-02
Volatility18.79Expiration2020-12-08
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