Spread Trend Analysis Report
Prepared for you on Friday, January 28, 2022.
CHICAGO ETHANOL OCT 22/DEC 22 (NYMEX:QCU.V22-QCU.Z22)
Long-Term Downtrend (-90) - QCU.V22-QCU.Z22 is in a strong downtrend that is likely to continue. While QCU.V22-QCU.Z22 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid QCU.V22-QCU.Z22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QCU.V22-QCU.Z22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QCU.V22-QCU.Z22
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.V22-QCU.Z22
Based on our trend formula, QCU.V22-QCU.Z22 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).