Free Daily Analysis

Spread Trend Analysis Report

Prepared for you on Sunday, December 5, 2021.

COCOA JUL 23/SEP 23 (NYMEX:QCJ.N23-QCJ.U23)

Long-Term Downtrend (-90) - QCJ.N23-QCJ.U23 is in a strong downtrend that is likely to continue. While QCJ.N23-QCJ.U23 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.N23-QCJ.U23?

MarketClub looks at technical strength and momentum to determine if the timing is right for QCJ.N23-QCJ.U23.

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

NYMEX_QCJ.N23-QCJ.U23
Open High Low QCJ.N23-QCJ.U23 Price Change
-2 -2 -2 -2 0
Entry Signal

MarketClub’s Trade Triangles for QCJ.N23-QCJ.U23

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.N23-QCJ.U23

Based on our trend formula, QCJ.N23-QCJ.U23 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for QCJ.N23-QCJ.U23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
-2 -2 -2 -2 0
Prev. Close Volume Bid Ask Time
-2 0 2021-12-02 00:00:00
Expiration2023-06-16
Get a free daily analysis and signals for COCOA JUL 23/SEP 23 (QCJ.N23-QCJ.U23) - Request Your Free Report.