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Prepared for you on Tuesday, December 5, 2023.

COTTON #2 DEC 23/MAR 24 (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.

Open High Low @[email protected] Price Change
-3.92 -0.51 -3.92 -1.00 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).

Smart Scan Analysis for @CT.Z23-@CT.H24
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
-3.92 -0.51 -3.92 -1.00 0
Prev. Close Volume Bid Ask Time
-1.00 6 2023-12-01 12:01:02
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