Future Trend Analysis Report
Prepared for you on Thursday, May 26, 2022.
CHICAGO ETHANOL SYNTHETIC 1 MONTH JUNE 2022 (NYMEX:Q1CE.M22)
Long-Term Downtrend (-90) - Q1CE.M22 is in a strong downtrend that is likely to continue. While Q1CE.M22 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid Q1CE.M22?
MarketClub looks at technical strength and momentum to determine if the timing is right for Q1CE.M22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for Q1CE.M22
The long-term trend has been DOWN since Sep 7th, 2021 at 0.0025
The intermediate-term trend has been DOWN since Sep 7th, 2021 at 0.0025
The short-term trend has been DOWN since at
Smart Scan Analysis for Q1CE.M22
Based on our trend formula, Q1CE.M22 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).