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Future Trend Analysis Report

Prepared for you on Sunday, December 5, 2021.

ETHANOL (PLATTS) T2 FOB RDAM INCL DUTY Nov 2021 (NYMEX:QZ1.X21)

Long-Term Uptrend (+90) - QZ1.X21 is in a strong uptrend that is likely to continue. While QZ1.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 QZ1.X21?

MarketClub looks at technical strength and momentum to determine if the timing is right for QZ1.X21.

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

NYMEX_QZ1.X21
Open High Low QZ1.X21 Price Change
1276.807 1276.807 1276.807 1276.807 0.000
Entry Signal

MarketClub’s Trade Triangles for QZ1.X21

long term up The long-term trend has been UP since Feb 22nd, 2021 at 575

intermediate term up The intermediate-term trend has been UP since Aug 10th, 2021 at 650

short term up The short-term trend has been UP since Sep 30th, 2021 at 744

Smart Scan Analysis for QZ1.X21

Based on our trend formula, QZ1.X21 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for QZ1.X21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1276.807 1276.807 1276.807 1276.807 0.000
Prev. Close Volume Bid Ask Time
1276.807 0 2021-12-02 00:00:00
Volatility26.88Expiration2021-11-30
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