Spread Trend Analysis Report
Prepared for you on Tuesday, January 18, 2022.
CHICAGO ETHANOL MAY 22/SEP 22 (NYMEX:QCU.K22-QCU.U22)
Strong Downtrend (-100) - QCU.K22-QCU.U22 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, QCU.K22-QCU.U22 continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid QCU.K22-QCU.U22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QCU.K22-QCU.U22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QCU.K22-QCU.U22
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 QCU.K22-QCU.U22
Based on our trend formula, QCU.K22-QCU.U22 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).