Future Trend Analysis Report
Prepared for you on Tuesday, August 20, 2019.
COCOA DECEMBER 2019 (ICE:@CC.Z19)
Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for @CC.Z19
The long term trend has been DOWN since Aug 13th, 2019 at 2242
The intermediate term trend has been DOWN since Jul 15th, 2019 at 2454
The short term trend has been DOWN since Jul 25th, 2019 at 2502
Smart Scan Analysis for @CC.Z19
Based on a pre-defined weighted trend formula for chart analysis, @CC.Z19 scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||2018||52wk Low||1985|
|52wk Low Date||2018-01-04||Volatility||21.13|