Future Trend Analysis Report
Prepared for you on Tuesday, November 24, 2020.
CHICAGO ETHANOL SYNTHETIC 2 MONTH Dec 2020 (NYMEX:Q2CE.Z20)
Long-Term Downtrend (-90) - Q2CE.Z20 is in a strong downtrend that is likely to continue. While Q2CE.Z20 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 Q2CE.Z20?
MarketClub looks at technical strength and momentum to determine if the timing is right for Q2CE.Z20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for Q2CE.Z20
The long-term trend has been DOWN since at
The intermediate-term trend has been DOWN since at
The short-term trend has been DOWN since at
Smart Scan Analysis for Q2CE.Z20
Based on our trend formula, Q2CE.Z20 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).