Future Trend Analysis Report
Prepared for you on Tuesday, May 11, 2021.
COTTON #2 DECEMBER 2021 (ICE:@CT.Z21)
Long-Term Uptrend (+90) - @CT.Z21 is in a strong uptrend that is likely to continue. While @CT.Z21 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.Z21?
MarketClub looks at technical strength and momentum to determine if the timing is right for @CT.Z21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for @CT.Z21
The long-term trend has been UP since Jul 1st, 2020 at 60.61
The intermediate-term trend has been UP since Apr 14th, 2021 at 82.75
The short-term trend has been UP since May 6th, 2021 at 85.96
Smart Scan Analysis for @CT.Z21
Based on our trend formula, @CT.Z21 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).