Future Trend Analysis Report
Prepared for you on Friday, February 22, 2019.
COTTON #2 MARCH 2019 (ICE:@CT.H19)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend with money management stops.
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 @CT.H19
The long term trend has been DOWN since Sep 18th, 2018 at 80.92
The intermediate term trend has been DOWN since Feb 10th, 2019 at 72.45
The short term trend has been UP since Feb 18th, 2019 at 70.50
Smart Scan Analysis for @CT.H19
Based on a pre-defined weighted trend formula for chart analysis, @CT.H19 scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||2018||52wk Low||66.75|
|52wk Low Date||2017-06-26||Volatility||19.45|