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Future Trend Analysis Report

Prepared for you on Tuesday, December 1, 2020.

GC JET VS HEATING OIL SPREAD NOVEMBER 2020 (NYMEX:QME.X20)

Strong Downtrend (-100) - QME.X20 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 QME.X20?

MarketClub looks at technical strength and momentum to determine if the timing is right for QME.X20.

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

NYMEX_QME.X20
Open High Low QME.X20 Price Change
-0.1115 -0.1115 -0.1115 -0.1115 -0.0001
Entry Signal

MarketClub’s Trade Triangles for QME.X20

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.X20

Based on our trend formula, QME.X20 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for QME.X20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
-0.1115 -0.1115 -0.1115 -0.1115 -0.0001
Prev. Close Volume Bid Ask Time
-0.1114 0 2020-11-27 00:00:00
Volatility45.24Expiration2020-11-30
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