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Prepared for you on Monday, January 17, 2022.

COCOA JUL 22/MAY 23 (NYMEX:QCJ.N22-QCJ.K23)

Long-Term Downtrend (-90) - QCJ.N22-QCJ.K23 is in a strong downtrend that is likely to continue. While QCJ.N22-QCJ.K23 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 QCJ.N22-QCJ.K23?

MarketClub looks at technical strength and momentum to determine if the timing is right for QCJ.N22-QCJ.K23.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NYMEX_QCJ.N22-QCJ.K23
Open High Low QCJ.N22-QCJ.K23 Price Change
47 47 47 47 0
Entry Signal

MarketClub’s Trade Triangles for QCJ.N22-QCJ.K23

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 QCJ.N22-QCJ.K23

Based on our trend formula, QCJ.N22-QCJ.K23 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for QCJ.N22-QCJ.K23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
47 47 47 47 0
Prev. Close Volume Bid Ask Time
47 0 2022-01-14 00:00:00
Expiration2022-06-16
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