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Future Trend Analysis Report

Prepared for you on Thursday, January 27, 2022.

LLDPE LINEAR LD POLYETHYLENE CAL Jan 2022 (NYMEX:QLPE.F22)

Sidelines Mode (+55) - QLPE.F22 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid QLPE.F22?

MarketClub looks at technical strength and momentum to determine if the timing is right for QLPE.F22.

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

NYMEX_QLPE.F22
Open High Low QLPE.F22 Price Change
0.5965 0.5965 0.5965 0.5965 0.0000
Entry Signal

MarketClub’s Trade Triangles for QLPE.F22

long term down The long-term trend has been DOWN since Aug 4th, 2021 at 0.7

intermediate term up The intermediate-term trend has been UP since Aug 10th, 2021 at 0.7

short term down The short-term trend has been DOWN since Sep 10th, 2021 at 0.7

Smart Scan Analysis for QLPE.F22

Based on our trend formula, QLPE.F22 is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for QLPE.F22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.5965 0.5965 0.5965 0.5965 0.0000
Prev. Close Volume Bid Ask Time
0.5965 0 2022-01-26 00:00:00
Volatility11.68Expiration2022-01-31
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