Free Daily Analysis

Spread Trend Analysis Report

Prepared for you on Thursday, August 11, 2022.

COCOA MAY 23/MAY 24 (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.K23-@CC.K24
Open High Low @[email protected] Price Change
-1 -1 -1 -9 -8
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.K23-@CC.K24
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
-1 -1 -1 -9 -8
Prev. Close Volume Bid Ask Time
-1 0 2022-08-03 12:19:16
52wk High-9.0000000052wk High Date2022-08-03
52wk Low-45.0000000052wk Low Date2022-06-15
Expiration2023-05-15
Get a free daily analysis and signals for COCOA MAY 23/MAY 24 (@[email protected]) - Request Your Free Report.