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Future Trend Analysis Report

Prepared for you on Thursday, October 21, 2021.

EAST/WEST GASOLINE SPREAD Oct 2021 (NYMEX:QEWG.V21)

Strong Downtrend (-100) - QEWG.V21 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid QEWG.V21?

MarketClub looks at technical strength and momentum to determine if the timing is right for QEWG.V21.

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

NYMEX_QEWG.V21
Open High Low QEWG.V21 Price Change
-1.14 -1.14 -1.14 -1.14 -0.01
Entry Signal

MarketClub’s Trade Triangles for QEWG.V21

long term down The long-term trend has been DOWN since Aug 3rd, 2021 at -0.577

intermediate term down The intermediate-term trend has been DOWN since Jul 29th, 2021 at -0.138

short term down The short-term trend has been DOWN since Mar 9th, 2021 at 0.068

Smart Scan Analysis for QEWG.V21

Based on our trend formula, QEWG.V21 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for QEWG.V21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
-1.14 -1.14 -1.14 -1.14 -0.01
Prev. Close Volume Bid Ask Time
-1.13 0 2021-10-20 00:00:00
Volatility1290.96Expiration2021-10-29
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