Future Trend Analysis Report
Prepared for you on Sunday, August 18, 2019.
COTTON #2 DECEMBER 2020 (ICE:@CT.Z20)
Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with tight money management stops.
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 DOWN since Jul 9th, 2019 at 66.23
The short term trend has been UP since Aug 13th, 2019 at 63.50
Smart Scan Analysis for @CT.Z20
Based on a pre-defined weighted trend formula for chart analysis, @CT.Z20 scored -75 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|