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Prepared for you on Wednesday, July 6, 2022.

COCOA MAY 23/SEP 23 (ICE:@[email protected])

Long-Term Downtrend (-90) - @[email protected] is in a strong downtrend that is likely to continue. While @[email protected] 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 @[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.U23
Open High Low @[email protected] Price Change
-22 -22 -22 -22 0
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 -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for @CC.K23-@CC.U23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
-22 -22 -22 -22 0
Prev. Close Volume Bid Ask Time
-22 0 2022-07-01 11:54:53
52wk High3552wk High Date2022-02-09
52wk Low-28.0000000052wk Low Date2022-06-15
Expiration2023-05-15
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