Free Daily Analysis

Future Trend Analysis Report

Prepared for you on Tuesday, April 7, 2020.

GC JET VS HEATING OIL SPREAD DECEMBER 2021 (NYMEX:QME.Z21)

Long-Term Downtrend (-90) - QME.Z21 is in a strong downtrend that is likely to continue. While QME.Z21 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.Z21?

MarketClub looks at technical strength and momentum to determine if the timing is right for QME.Z21.

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

NYMEX_QME.Z21
Open High Low QME.Z21 Price Change
-0.15 -0.15 -0.15 -0.15 0.00
Entry Signal

MarketClub’s Trade Triangles for QME.Z21

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.Z21

Based on our trend formula, QME.Z21 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for QME.Z21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
-0.15 -0.15 -0.15 -0.15 0.00
Prev. Close Volume Bid Ask Time
-0.15 0 2020-04-06 00:00:00
Volatility81.67Expiration2021-12-31
Get a free daily analysis and signals for GC JET VS HEATING OIL SPREAD DECEMBER 2021 (QME.Z21) - Request Your Free Report.