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Future Trend Analysis Report

Prepared for you on Saturday, May 21, 2022.

FREIGHT ROUTE TC6 (BALTIC) NOVEMBER 2022 (NYMEX:QTC6.X22)

Weak Downtrend (-65) - QTC6.X22 is showing signs of a strengthening downtrend. Monitor QTC6.X22 as it may be building momentum to the downside.

Is it time to buy, sell, or avoid QTC6.X22?

MarketClub looks at technical strength and momentum to determine if the timing is right for QTC6.X22.

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

NYMEX_QTC6.X22
Open High Low QTC6.X22 Price Change
17.8055 17.8055 17.8055 17.8055 0.0000
Entry Signal

MarketClub’s Trade Triangles for QTC6.X22

long term down The long-term trend has been DOWN since Sep 27th, 2021 at 10.645

intermediate term down The intermediate-term trend has been DOWN since Jul 30th, 2021 at 10.780

short term down The short-term trend has been DOWN since Jul 30th, 2021 at 10.785

Smart Scan Analysis for QTC6.X22

Based on our trend formula, QTC6.X22 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for QTC6.X22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
17.8055 17.8055 17.8055 17.8055 0.0000
Prev. Close Volume Bid Ask Time
17.8055 0 2022-05-19 00:00:00
Volatility21.23Expiration2022-11-30
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