Future Trend Analysis Report
Prepared for you on Wednesday, October 20, 2021.
CHICAGO ETHANOL SYNTHETIC 6 MONTH Nov 2021 (NYMEX:Q6CE.X21)
Countertrend Up (+85) - Q6CE.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 Q6CE.X21?
MarketClub looks at technical strength and momentum to determine if the timing is right for Q6CE.X21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for Q6CE.X21
The long-term trend has been UP since Sep 2nd, 2021 at 0.0350
The intermediate-term trend has been UP since Sep 2nd, 2021 at 0.0350
The short-term trend has been DOWN since Oct 4th, 2021 at 0.0775
Smart Scan Analysis for Q6CE.X21
Based on our trend formula, Q6CE.X21 is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).