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Future Trend Analysis Report

Prepared for you on Saturday, December 4, 2021.

FREIGHT ROUTE TC2 (BALTIC) NOVEMBER 2021 (NYMEX:QTM.X21)

Long-Term Uptrend (+90) - QTM.X21 is in a strong uptrend that is likely to continue. While QTM.X21 is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

Is it time to buy, sell, or avoid QTM.X21?

MarketClub looks at technical strength and momentum to determine if the timing is right for QTM.X21.

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

NYMEX_QTM.X21
Open High Low QTM.X21 Price Change
16.132 16.132 16.132 16.132 0.000
Entry Signal

MarketClub’s Trade Triangles for QTM.X21

long term up The long-term trend has been UP since Oct 4th, 2021 at 16.706

intermediate term up The intermediate-term trend has been UP since Sep 27th, 2021 at 16.167

short term up The short-term trend has been UP since Sep 10th, 2021 at 15.678

Smart Scan Analysis for QTM.X21

Based on our trend formula, QTM.X21 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for QTM.X21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
16.132 16.132 16.132 16.132 0.000
Prev. Close Volume Bid Ask Time
16.132 0 2021-12-01 00:00:00
Volatility33.45Expiration2021-11-30
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