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Future Trend Analysis Report

Prepared for you on Wednesday, December 8, 2021.

FREIGHT ROUTE TC2 (BALTIC) AUGUST 2022 (NYMEX:QTM.Q22)

Long-Term Downtrend (-90) - QTM.Q22 is in a strong downtrend that is likely to continue. While QTM.Q22 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 QTM.Q22?

MarketClub looks at technical strength and momentum to determine if the timing is right for QTM.Q22.

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

NYMEX_QTM.Q22
Open High Low QTM.Q22 Price Change
16.915 16.915 16.915 16.915 0.000
Entry Signal

MarketClub’s Trade Triangles for QTM.Q22

long term down The long-term trend has been DOWN since Jul 19th, 2021 at 16.951

intermediate term down The intermediate-term trend has been DOWN since Jul 19th, 2021 at 17.025

short term down The short-term trend has been DOWN since Sep 3rd, 2021 at 16.676

Smart Scan Analysis for QTM.Q22

Based on our trend formula, QTM.Q22 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for QTM.Q22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
16.915 16.915 16.915 16.915 0.000
Prev. Close Volume Bid Ask Time
17.107 0 2021-12-07 00:00:00
Volatility10.38Expiration2022-08-31
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