Future Trend Analysis Report
Prepared for you on Friday, July 1, 2022.
ETHANOL (PLATTS) T2 FOB RDAM INCL DUTY JUNE 2022 (NYMEX:QZ1.M22)
Bull Market Weakness (+75) - QZ1.M22 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on QZ1.M22 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid QZ1.M22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QZ1.M22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QZ1.M22
The long-term trend has been UP since Feb 26th, 2021 at 575
The intermediate-term trend has been UP since Aug 5th, 2021 at 619
The short-term trend has been UP since Sep 30th, 2021 at 666
Smart Scan Analysis for QZ1.M22
Based on our trend formula, QZ1.M22 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).