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Future Trend Analysis Report

Prepared for you on Monday, December 5, 2022.

ETHANOL (PLATTS) T2 FOB RDAM INCL DUTY Nov 2022 (NYMEX:QZ1.X22)

Bull Market Weakness (+75) - QZ1.X22 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on QZ1.X22 as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid QZ1.X22?

MarketClub looks at technical strength and momentum to determine if the timing is right for QZ1.X22.

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

NYMEX_QZ1.X22
Open High Low QZ1.X22 Price Change
785.955 785.955 785.955 785.955 0.000
Entry Signal

MarketClub’s Trade Triangles for QZ1.X22

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 3rd, 2021 at 608

short term up The short-term trend has been UP since Sep 1st, 2021 at 628

Smart Scan Analysis for QZ1.X22

Based on our trend formula, QZ1.X22 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for QZ1.X22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
785.955 785.955 785.955 785.955 0.000
Prev. Close Volume Bid Ask Time
785.955 0 2022-12-02 00:00:00
Volatility45.56Expiration2022-11-30
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