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Future Trend Analysis Report

Prepared for you on Saturday, December 9, 2023.

COTTON #2 JULY 2024 (ICE:@CT.N24)

Bull Market Weakness (+75) - @CT.N24 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on @CT.N24 as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid @CT.N24?

MarketClub looks at technical strength and momentum to determine if the timing is right for @CT.N24.

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

ICE_@CT.N24
Open High Low @CT.N24 Price Change
83.00 83.60 82.12 82.49 -0.80
Entry Signal

MarketClub’s Trade Triangles for @CT.N24

long term down The long-term trend has been DOWN since Nov 2nd, 2023 at 83.34

intermediate term up The intermediate-term trend has been UP since Dec 7th, 2023 at 83.02

short term up The short-term trend has been UP since Dec 7th, 2023 at 81.25

Smart Scan Analysis for @CT.N24

Based on our trend formula, @CT.N24 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for @CT.N24
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
83.00 83.60 82.12 82.49 -0.80
Prev. Close Volume Bid Ask Time
83.29 7361 2023-12-08 14:19:31
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