Future Trend Analysis Report
Prepared for you on Saturday, March 25, 2023.
COTTON #2 DECEMBER 2023 (ICE:@CT.Z23)
Weak Downtrend (-65) - @CT.Z23 is showing signs of a strengthening downtrend. Monitor @CT.Z23 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid @CT.Z23?
MarketClub looks at technical strength and momentum to determine if the timing is right for @CT.Z23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for @CT.Z23
The long-term trend has been UP since Jan 20th, 2023 at 84.44
The intermediate-term trend has been DOWN since Feb 15th, 2023 at 83.35
The short-term trend has been DOWN since Mar 7th, 2023 at 83.69
Smart Scan Analysis for @CT.Z23
Based on our trend formula, @CT.Z23 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).