Future Trend Analysis Report
Prepared for you on Tuesday, October 26, 2021.
CHICAGO ETHANOL SYNTHETIC 2 MONTH Nov 2021 (NYMEX:Q2CE.X21)
Countertrend Up (+85) - Q2CE.X21 is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid Q2CE.X21?
MarketClub looks at technical strength and momentum to determine if the timing is right for Q2CE.X21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for Q2CE.X21
The long-term trend has been UP since Sep 3rd, 2021 at 0.0925
The intermediate-term trend has been UP since Aug 13th, 2021 at 0.0600
The short-term trend has been DOWN since Oct 1st, 2021 at 0.1100
Smart Scan Analysis for Q2CE.X21
Based on our trend formula, Q2CE.X21 is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).