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Future Trend Analysis Report

Prepared for you on Thursday, September 21, 2023.

COTTON Oct 2023 (NYMEX:QTT.V23)

Long-Term Downtrend (-90) - QTT.V23 is in a strong downtrend that is likely to continue. While QTT.V23 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.V23?

MarketClub looks at technical strength and momentum to determine if the timing is right for QTT.V23.

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

NYMEX_QTT.V23
Open High Low QTT.V23 Price Change
0.8606 0.8606 0.8606 0.8606 0.0000
Entry Signal

MarketClub’s Trade Triangles for QTT.V23

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.V23

Based on our trend formula, QTT.V23 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for QTT.V23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.8606 0.8606 0.8606 0.8606 0.0000
Prev. Close Volume Bid Ask Time
0.8606 0 2023-09-20 00:00:00
Volatility24.65Expiration2023-09-22
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