Future Trend Analysis Report
Prepared for you on Friday, December 1, 2023.
CHICAGO ETHANOL Dec 2023 (NYMEX:QCU.Z23)
Countertrend Down (-85) - QCU.Z23 is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid QCU.Z23?
MarketClub looks at technical strength and momentum to determine if the timing is right for QCU.Z23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QCU.Z23
The long-term trend has been DOWN since Jul 3rd, 2023 at 1.850
The intermediate-term trend has been DOWN since Oct 27th, 2023 at 1.920
The short-term trend has been UP since Nov 16th, 2023 at 1.785
Smart Scan Analysis for QCU.Z23
Based on our trend formula, QCU.Z23 is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||2.1325||52wk High Date||2023-06-22|
|52wk Low||1.745||52wk Low Date||2023-11-10|