Future Trend Analysis Report
Prepared for you on Saturday, April 20, 2019.
COTTON #2 DECEMBER 2020 (ICE:@CT.Z20)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for @CT.Z20
The long term trend has been DOWN since Sep 18th, 2018 at 74.50
The intermediate term trend has been UP since Apr 10th, 2019 at 73.37
The short term trend has been DOWN since Apr 15th, 2019 at 73.13
Smart Scan Analysis for @CT.Z20
Based on a pre-defined weighted trend formula for chart analysis, @CT.Z20 scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||2018||52wk Low||70.85|
|52wk Low Date||2019-01-03||Volatility||10.25|