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Future Trend Analysis Report
Prepared for you on Monday, August 15, 2022.
COTTON #2 OCTOBER 2022 (ICE:@CT.V22)
Sidelines Mode (+50) - @CT.V22 is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until @CT.V22 can gain momentum.
Is it time to buy, sell, or avoid @CT.V22?
MarketClub looks at technical strength and momentum to determine if the timing is right for @CT.V22.
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.V22
The long-term trend has been DOWN since Jun 27th, 2022 at 103.34
The intermediate-term trend has been UP since Aug 9th, 2022 at 102.95
The short-term trend has been UP since Jul 21st, 2022 at 98.00
Smart Scan Analysis for @CT.V22
Based on our trend formula, @CT.V22 is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 116.06 | 119.44 | 116.06 | 119.44 | +5.00 |
| Prev. Close | Volume | Bid | Ask | Time |
| 114.44 | 14 | 119.44 | 109.47 | 2022-08-14 22:22:02 |
| 52wk High | 140.47 | 52wk High Date | 2022-05-16 |
| 52wk Low | 79.8 | 52wk Low Date | 2021-06-30 |
| Volatility | 34.59 | Expiration | 2022-10-07 |