Future Trend Analysis Report
Prepared for you on Tuesday, July 14, 2020.
COTTON #2 OCTOBER 2020 (ICE:@CT.V20)
Bull Market Weakness (+75) - @CT.V20 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on @CT.V20 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid @CT.V20?
MarketClub looks at technical strength and momentum to determine if the timing is right for @CT.V20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for @CT.V20
The long-term trend has been UP since Jul 1st, 2020 at 62.05
The intermediate-term trend has been UP since Apr 20th, 2020 at 55.80
The short-term trend has been DOWN since Jul 13th, 2020 at 63.69
Smart Scan Analysis for @CT.V20
Based on our trend formula, @CT.V20 is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||72.78||52wk High Date||2020-01-15|
|52wk Low||51||52wk Low Date||2020-04-05|