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Future Trend Analysis Report

Prepared for you on Sunday, December 10, 2023.

COAL (API 2) CIF ARA Jan 2024 (NYMEX:QMTF.F24)

Long-Term Downtrend (-90) - QMTF.F24 is in a strong downtrend that is likely to continue. While QMTF.F24 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 QMTF.F24?

MarketClub looks at technical strength and momentum to determine if the timing is right for QMTF.F24.

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

NYMEX_QMTF.F24
Open High Low QMTF.F24 Price Change
117.7 117.7 117.7 117.7 0.0
Entry Signal

MarketClub’s Trade Triangles for QMTF.F24

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 QMTF.F24

Based on our trend formula, QMTF.F24 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for QMTF.F24
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
117.7 117.7 117.7 117.7 0.0
Prev. Close Volume Bid Ask Time
117.7 0 2023-12-08 00:00:00
Volatility35.73Expiration2024-01-26
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