Future Trend Analysis Report
Prepared for you on Thursday, December 2, 2021.
FREIGHT ROUTE TC2 (BALTIC) Jan 2022 (NYMEX:QTM.F22)
Bull Market Weakness (+75) - QTM.F22 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on QTM.F22 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid QTM.F22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QTM.F22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QTM.F22
The long-term trend has been UP since Oct 1st, 2021 at 17.506
The intermediate-term trend has been UP since Sep 30th, 2021 at 17.428
The short-term trend has been UP since Sep 30th, 2021 at 17.225
Smart Scan Analysis for QTM.F22
Based on our trend formula, QTM.F22 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).