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Prepared for you on Wednesday, June 16, 2021.

FREIGHT ROUTE TD3C (BALTIC) JUL 22/MAY 23 (NYMEX:QTL.N22-QTL.K23)

Long-Term Downtrend (-90) - QTL.N22-QTL.K23 is in a strong downtrend that is likely to continue. While QTL.N22-QTL.K23 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.N22-QTL.K23?

MarketClub looks at technical strength and momentum to determine if the timing is right for QTL.N22-QTL.K23.

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

NYMEX_QTL.N22-QTL.K23
Open High Low QTL.N22-QTL.K23 Price Change
-1.565 -1.565 -1.565 -1.565 +0.033
Entry Signal

MarketClub’s Trade Triangles for QTL.N22-QTL.K23

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.N22-QTL.K23

Based on our trend formula, QTL.N22-QTL.K23 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for QTL.N22-QTL.K23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
-1.565 -1.565 -1.565 -1.565 +0.033
Prev. Close Volume Bid Ask Time
-1.598 0 2021-06-15 00:00:00
Expiration2022-07-29
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