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Future Trend Analysis Report

Prepared for you on Tuesday, July 7, 2020.

COTTON May 2021 (NYMEX:QTT.K21)

Long-Term Downtrend (-90) - QTT.K21 is in a strong downtrend that is likely to continue. While QTT.K21 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 QTT.K21?

MarketClub looks at technical strength and momentum to determine if the timing is right for QTT.K21.

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

NYMEX_QTT.K21
Open High Low QTT.K21 Price Change
0.6424 0.6424 0.6424 0.6424 0.0000
Entry Signal

MarketClub’s Trade Triangles for QTT.K21

long term down The long-term trend has been DOWN since at

intermediate term down The intermediate-term trend has been DOWN since at

short term down The short-term trend has been DOWN since at

Smart Scan Analysis for QTT.K21

Based on our trend formula, QTT.K21 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for QTT.K21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.6424 0.6424 0.6424 0.6424 0.0000
Prev. Close Volume Bid Ask Time
0.6424 0 2020-07-06 00:00:00
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