Future Trend Analysis Report
Prepared for you on Monday, September 20, 2021.
COTTON #2 OCTOBER 2021 (ICE:@CT.V21)
Weak Downtrend (-65) - @CT.V21 is showing signs of a strengthening downtrend. Monitor @CT.V21 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid @CT.V21?
MarketClub looks at technical strength and momentum to determine if the timing is right for @CT.V21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for @CT.V21
The long-term trend has been UP since Jul 1st, 2020 at 61.23
The intermediate-term trend has been DOWN since Sep 20th, 2021 at 93.11
The short-term trend has been DOWN since Sep 16th, 2021 at 94.51
Smart Scan Analysis for @CT.V21
Based on our trend formula, @CT.V21 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||97.33||52wk High Date||2021-08-17|
|52wk Low||59.7||52wk Low Date||2020-06-24|