Future Trend Analysis Report
Prepared for you on Saturday, November 27, 2021.
CHICAGO ETHANOL SYNTHETIC 3 MONTH DECEMBER 2021 (NYMEX:Q3CE.Z21)
Countertrend Up (+85) - Q3CE.Z21 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 Q3CE.Z21?
MarketClub looks at technical strength and momentum to determine if the timing is right for Q3CE.Z21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for Q3CE.Z21
The long-term trend has been UP since Sep 7th, 2021 at 0.0125
The intermediate-term trend has been UP since Sep 7th, 2021 at 0.0050
The short-term trend has been DOWN since Oct 5th, 2021 at 0.0200
Smart Scan Analysis for Q3CE.Z21
Based on our trend formula, Q3CE.Z21 is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).