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Prepared for you on Thursday, May 9, 2024.

COCOA MAR 25/JUL 25 (ICE:@[email protected])

Strong Downtrend (-100) - @[email protected] is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, @[email protected] continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid @[email protected]?

MarketClub looks at technical strength and momentum to determine if the timing is right for @[email protected].

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

ICE_@CC.H25-@CC.N25
Open High Low @[email protected] Price Change
626 637 566 585 +16
Entry Signal

MarketClub’s Trade Triangles for @[email protected]

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 @[email protected]

Based on our trend formula, @[email protected] is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for @CC.H25-@CC.N25
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
626 637 566 585 +16
Prev. Close Volume Bid Ask Time
569 59 2024-05-08 11:49:58
52wk High115152wk High Date2024-04-22
52wk Low4452wk Low Date2023-09-22
Expiration2025-03-14
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