Future Trend Analysis Report
Prepared for you on Saturday, June 19, 2021.
COTTON #2 DECEMBER 2022 (ICE:@CT.Z22)
Bull Market Weakness (+75) - @CT.Z22 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on @CT.Z22 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid @CT.Z22?
MarketClub looks at technical strength and momentum to determine if the timing is right for @CT.Z22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for @CT.Z22
The long-term trend has been UP since Jul 1st, 2020 at 61.65
The intermediate-term trend has been UP since Jun 4th, 2021 at 77.85
The short-term trend has been DOWN since Jun 14th, 2021 at 78.10
Smart Scan Analysis for @CT.Z22
Based on our trend formula, @CT.Z22 is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).