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Future Trend Analysis Report

Prepared for you on Wednesday, January 26, 2022.

FREIGHT ROUTE TC18 (BALTIC) Jun 2022 (NYMEX:QT8C.M22)

Sidelines Mode (-50) - QT8C.M22 is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until QT8C.M22 can gain momentum.

Is it time to buy, sell, or avoid QT8C.M22?

MarketClub looks at technical strength and momentum to determine if the timing is right for QT8C.M22.

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

NYMEX_QT8C.M22
Open High Low QT8C.M22 Price Change
23.951 23.951 23.951 23.951 0.000
Entry Signal

MarketClub’s Trade Triangles for QT8C.M22

long term up The long-term trend has been UP since May 17th, 2021 at 24.106

intermediate term down The intermediate-term trend has been DOWN since Aug 31st, 2021 at 24.174

short term down The short-term trend has been DOWN since Aug 31st, 2021 at 24.174

Smart Scan Analysis for QT8C.M22

Based on our trend formula, QT8C.M22 is rated as a -50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-50
Smart Scan Analysis for QT8C.M22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
23.951 23.951 23.951 23.951 0.000
Prev. Close Volume Bid Ask Time
23.951 0 2022-01-25 00:00:00
Volatility11.33Expiration2022-06-30
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