Future Trend Analysis Report
Prepared for you on Saturday, June 19, 2021.
ETHANOL (PLATTS) T2 FOB RDAM INCL DUTY JUNE 2021 (NYMEX:QZ1.M21)
Bear Market Rally (-75) - QZ1.M21 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on QZ1.M21 as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid QZ1.M21?
MarketClub looks at technical strength and momentum to determine if the timing is right for QZ1.M21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QZ1.M21
The long-term trend has been DOWN since at
The intermediate-term trend has been DOWN since at
The short-term trend has been DOWN since at
Smart Scan Analysis for QZ1.M21
Based on our trend formula, QZ1.M21 is rated as a -80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).