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Future Trend Analysis Report

Prepared for you on Sunday, January 23, 2022.

GC JET VS HEATING OIL SPREAD OCTOBER 2024 (NYMEX:QME.V24)

Long-Term Downtrend (-90) - QME.V24 is in a strong downtrend that is likely to continue. While QME.V24 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 QME.V24?

MarketClub looks at technical strength and momentum to determine if the timing is right for QME.V24.

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

NYMEX_QME.V24
Open High Low QME.V24 Price Change
-0.1675 -0.1675 -0.1675 -0.1675 0
Entry Signal

MarketClub’s Trade Triangles for QME.V24

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 QME.V24

Based on our trend formula, QME.V24 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for QME.V24
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
-0.1675 -0.1675 -0.1675 -0.1675 0
Prev. Close Volume Bid Ask Time
-0.1675 0 2022-01-20 00:00:00
Volatility35.2Expiration2024-10-31
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