Future Trend Analysis Report
Prepared for you on Friday, August 19, 2022.
COTTON #2 MARCH 2023 (ICE:@CT.H23)
Bull Market Weakness (+75) - @CT.H23 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on @CT.H23 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid @CT.H23?
MarketClub looks at technical strength and momentum to determine if the timing is right for @CT.H23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for @CT.H23
The long-term trend has been DOWN since Jun 24th, 2022 at 96.69
The intermediate-term trend has been UP since Jul 27th, 2022 at 92.65
The short-term trend has been UP since Jul 26th, 2022 at 88.88
Smart Scan Analysis for @CT.H23
Based on our trend formula, @CT.H23 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).