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Prepared for you on Tuesday, April 7, 2020.

FREIGHT ROUTE TD3C (BALTIC) APR 20/JUL 21 (NYMEX:QTL.J20-QTL.N21)

Long-Term Downtrend (-90) - QTL.J20-QTL.N21 is in a strong downtrend that is likely to continue. While QTL.J20-QTL.N21 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 QTL.J20-QTL.N21?

MarketClub looks at technical strength and momentum to determine if the timing is right for QTL.J20-QTL.N21.

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

NYMEX_QTL.J20-QTL.N21
Open High Low QTL.J20-QTL.N21 Price Change
35.5389 35.5389 35.5389 35.5389 0.0000
Entry Signal

MarketClub’s Trade Triangles for QTL.J20-QTL.N21

long term down The long-term trend has been DOWN since at

intermediate term down The intermediate-term trend has been DOWN since at

short term down The short-term trend has been DOWN since at

Smart Scan Analysis for QTL.J20-QTL.N21

Based on our trend formula, QTL.J20-QTL.N21 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for QTL.J20-QTL.N21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
35.5389 35.5389 35.5389 35.5389 0.0000
Prev. Close Volume Bid Ask Time
35.5389 0 2020-04-06 00:00:00
Expiration2020-04-30
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