Free Daily Analysis

Future Trend Analysis Report

Prepared for you on Tuesday, December 7, 2021.

COCOA SEPTEMBER 2023 (ICE:@CC.U23)

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

MarketClub looks at technical strength and momentum to determine if the timing is right for @CC.U23.

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

ICE_@CC.U23
Open High Low @CC.U23 Price Change
2495 2495 2495 2495 +14
Entry Signal

MarketClub’s Trade Triangles for @CC.U23

long term down The long-term trend has been DOWN since Oct 13th, 2021 at 2566

intermediate term down The intermediate-term trend has been DOWN since Oct 13th, 2021 at 2566

short term down The short-term trend has been DOWN since Oct 22nd, 2021 at 2560

Smart Scan Analysis for @CC.U23

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

-90
Smart Scan Analysis for @CC.U23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2495 2495 2495 2495 +14
Prev. Close Volume Bid Ask Time
2481 10 2021-12-07 11:48:49
52wk High257452wk High Date2021-10-22
52wk Low238052wk Low Date2021-12-01
Volatility15.14Expiration2023-09-14
Get a free daily analysis and signals for COCOA SEPTEMBER 2023 (@CC.U23) - Request Your Free Report.