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Future Trend Analysis Report

Prepared for you on Saturday, May 28, 2022.

ETHANOL (PLATTS) T2 FOB RDAM INCL DUTY MAY 2022 (NYMEX:QZ1.K22)

Countertrend Up (+85) - QZ1.K22 is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

Is it time to buy, sell, or avoid QZ1.K22?

MarketClub looks at technical strength and momentum to determine if the timing is right for QZ1.K22.

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

NYMEX_QZ1.K22
Open High Low QZ1.K22 Price Change
1135.5 1135.5 1135.5 1135.5 0.0
Entry Signal

MarketClub’s Trade Triangles for QZ1.K22

long term up The long-term trend has been UP since Feb 26th, 2021 at 575

intermediate term up The intermediate-term trend has been UP since Aug 5th, 2021 at 621

short term up The short-term trend has been UP since Sep 1st, 2021 at 638

Smart Scan Analysis for QZ1.K22

Based on our trend formula, QZ1.K22 is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for QZ1.K22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1135.5 1135.5 1135.5 1135.5 0.0
Prev. Close Volume Bid Ask Time
1135.5 0 2022-05-27 00:00:00
Volatility33.66Expiration2022-05-31
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