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Index Trend Analysis Report

Prepared for you on Friday, August 7, 2020.

ICE BofAML Commodity Index eXtra (Cotton) Spot Return (GIF:MLCXCTSP)

Strong Uptrend (+100) - MLCXCTSP is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, MLCXCTSP continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

Is it time to buy, sell, or avoid MLCXCTSP?

MarketClub looks at technical strength and momentum to determine if the timing is right for MLCXCTSP.

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

GIF_MLCXCTSP
Open High Low MLCXCTSP Price Change
86.431 86.954 86.431 86.954 +0.523
Entry Signal

MarketClub’s Trade Triangles for MLCXCTSP

long term up The long-term trend has been UP since Jul 1st, 2020 at 81.765

intermediate term up The intermediate-term trend has been UP since Apr 23rd, 2020 at 72.325

short term up The short-term trend has been UP since Jul 30th, 2020 at 82.609

Smart Scan Analysis for MLCXCTSP

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

+100
Smart Scan Analysis for MLCXCTSP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
86.431 86.954 86.431 86.954 +0.523
Prev. Close Volume Bid Ask Time
79.767 0 2020-08-06 16:30:33
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