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Future Trend Analysis Report
Prepared for you on Wednesday, April 24, 2024.
COTTON #2 MAY 2024 (ICE:@CT.K24)
Bear Market Rally (-75) - @CT.K24 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on @CT.K24 as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid @CT.K24?
MarketClub looks at technical strength and momentum to determine if the timing is right for @CT.K24.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for @CT.K24
The long-term trend has been DOWN since Apr 17th, 2024 at 80.82
The intermediate-term trend has been DOWN since Mar 20th, 2024 at 92.50
The short-term trend has been UP since Apr 21st, 2024 at 79.85
Smart Scan Analysis for @CT.K24
Based on our trend formula, @CT.K24 is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 80.22 | 80.22 | 80.22 | 80.15 | -0.07 |
| Prev. Close | Volume | Bid | Ask | Time |
| 80.22 | 0 | 2024-04-23 14:14:50 |
| 52wk High | 103.8 | 52wk High Date | 2024-02-28 |
| 52wk Low | 70.52 | 52wk Low Date | 2022-07-14 |
| Volatility | 23.32 | Expiration | 2024-05-08 |