Free Daily Analysis

Spread Trend Analysis Report

Prepared for you on Tuesday, June 6, 2023.

COCOA DEC 23/DEC 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.Z23-@CC.Z24
Open High Low @[email protected] Price Change
120 120 120 120 -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.Z23-@CC.Z24
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
120 120 120 120 -16
Prev. Close Volume Bid Ask Time
118 5 2023-05-30 12:27:40
52wk High17052wk High Date2023-04-05
52wk Low8352wk Low Date2023-01-13
Expiration2023-12-13
Get a free daily analysis and signals for COCOA DEC 23/DEC 24 (@[email protected]) - Request Your Free Report.