Future Trend Analysis Report
Prepared for you on Saturday, October 16, 2021.
COTTON DECEMBER 2021 (NYMEX:QTT.Z21)
Long-Term Uptrend (+90) - QTT.Z21 is in a strong uptrend that is likely to continue. While QTT.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 QTT.Z21?
MarketClub looks at technical strength and momentum to determine if the timing is right for QTT.Z21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QTT.Z21
The long-term trend has been UP since Jul 1st, 2020 at 0.6045
The intermediate-term trend has been UP since Sep 29th, 2021 at 0.9408
The short-term trend has been UP since Sep 29th, 2021 at 0.9281
Smart Scan Analysis for QTT.Z21
Based on our trend formula, QTT.Z21 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).