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Future Trend Analysis Report

Prepared for you on Sunday, June 26, 2022.

MINI EUROPEAN NAPHTHA CIF NWE JUNE 2022 (NYMEX:QMNC.M22)

Countertrend Up (+85) - QMNC.M22 is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

Is it time to buy, sell, or avoid QMNC.M22?

MarketClub looks at technical strength and momentum to determine if the timing is right for QMNC.M22.

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

NYMEX_QMNC.M22
Open High Low QMNC.M22 Price Change
797.514 797.514 797.514 797.514 0.000
Entry Signal

MarketClub’s Trade Triangles for QMNC.M22

long term up The long-term trend has been UP since Dec 10th, 2020 at 388.084

intermediate term up The intermediate-term trend has been UP since Aug 30th, 2021 at 581.888

short term up The short-term trend has been UP since Sep 10th, 2021 at 586.162

Smart Scan Analysis for QMNC.M22

Based on our trend formula, QMNC.M22 is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for QMNC.M22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
797.514 797.514 797.514 797.514 0.000
Prev. Close Volume Bid Ask Time
801.044 0 2022-06-23 00:00:00
Volatility53.47Expiration2022-06-30
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