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Future Trend Analysis Report

Prepared for you on Saturday, April 10, 2021.

EAST/WEST GASOLINE SPREAD APRIL 2021 (NYMEX:QEWG.J21)

Long-Term Downtrend (-90) - QEWG.J21 is in a strong downtrend that is likely to continue. While QEWG.J21 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 QEWG.J21?

MarketClub looks at technical strength and momentum to determine if the timing is right for QEWG.J21.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NYMEX_QEWG.J21
Open High Low QEWG.J21 Price Change
-3.402 -3.402 -3.402 -3.402 +0.134
Entry Signal

MarketClub’s Trade Triangles for QEWG.J21

long term down The long-term trend has been DOWN since at

intermediate term down The intermediate-term trend has been DOWN since at

short term down The short-term trend has been DOWN since at

Smart Scan Analysis for QEWG.J21

Based on our trend formula, QEWG.J21 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for QEWG.J21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
-3.402 -3.402 -3.402 -3.402 +0.134
Prev. Close Volume Bid Ask Time
-3.536 0 2021-04-09 00:00:00
Volatility89.77Expiration2021-04-30
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