Future Trend Analysis Report
Prepared for you on Sunday, May 16, 2021.
COCOA MARCH 2022 (ICE:@CC.H22)
Bull Market Weakness (+75) - @CC.H22 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on @CC.H22 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid @CC.H22?
MarketClub looks at technical strength and momentum to determine if the timing is right for @CC.H22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for @CC.H22
The long-term trend has been UP since Nov 23rd, 2020 at 2624
The intermediate-term trend has been DOWN since May 4th, 2021 at 2391
The short-term trend has been UP since May 6th, 2021 at 2462
Smart Scan Analysis for @CC.H22
Based on our trend formula, @CC.H22 is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||2661||52wk High Date||2020-11-24|
|52wk Low||2150||52wk Low Date||2020-07-07|