Future Trend Analysis Report
Prepared for you on Thursday, October 21, 2021.
CHICAGO ETHANOL OCTOBER 2021 (NYMEX:QCU.V21)
Strong Uptrend (+100) - QCU.V21 is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, QCU.V21 continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid QCU.V21?
MarketClub looks at technical strength and momentum to determine if the timing is right for QCU.V21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QCU.V21
The long-term trend has been UP since Dec 15th, 2020 at 1.365
The intermediate-term trend has been UP since Sep 7th, 2021 at 2.085
The short-term trend has been UP since Sep 23rd, 2021 at 2.030
Smart Scan Analysis for QCU.V21
Based on our trend formula, QCU.V21 is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).