Spread Trend Analysis Report
Prepared for you on Tuesday, April 7, 2020.
COTTON #2 OCT 20/MAR 22 (ICE:@CT.V20-@CT.H22)
Long-Term Downtrend (-90) - @CT.V20-@CT.H22 is in a strong downtrend that is likely to continue. While @CT.V20-@CT.H22 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 @CT.V20-@CT.H22?
MarketClub looks at technical strength and momentum to determine if the timing is right for @CT.V20-@CT.H22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for @CT.V20-@CT.H22
The long-term trend has been DOWN since at
The intermediate-term trend has been DOWN since at
The short-term trend has been DOWN since at
Smart Scan Analysis for @CT.V20-@CT.H22
Based on our trend formula, @CT.V20-@CT.H22 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).