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Prepared for you on Friday, August 19, 2022.

COTTON JUL 23/MAR 24 (NYMEX:QTT.N23-QTT.H24)

Long-Term Downtrend (-90) - QTT.N23-QTT.H24 is in a strong downtrend that is likely to continue. While QTT.N23-QTT.H24 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 QTT.N23-QTT.H24?

MarketClub looks at technical strength and momentum to determine if the timing is right for QTT.N23-QTT.H24.

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

NYMEX_QTT.N23-QTT.H24
Open High Low QTT.N23-QTT.H24 Price Change
0.1608 0.1608 0.1608 0.1608 0.0000
Entry Signal

MarketClub’s Trade Triangles for QTT.N23-QTT.H24

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 QTT.N23-QTT.H24

Based on our trend formula, QTT.N23-QTT.H24 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for QTT.N23-QTT.H24
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.1608 0.1608 0.1608 0.1608 0.0000
Prev. Close Volume Bid Ask Time
0.1608 0 2022-08-18 00:00:00
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