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Prepared for you on Friday, January 21, 2022.

FREIGHT ROUTE TC2 (BALTIC) APR 22/MAY 22 (NYMEX:QTM.J22-QTM.K22)

Long-Term Downtrend (-90) - QTM.J22-QTM.K22 is in a strong downtrend that is likely to continue. While QTM.J22-QTM.K22 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 QTM.J22-QTM.K22?

MarketClub looks at technical strength and momentum to determine if the timing is right for QTM.J22-QTM.K22.

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

NYMEX_QTM.J22-QTM.K22
Open High Low QTM.J22-QTM.K22 Price Change
-0.128 -0.128 -0.128 -0.128 +0.066
Entry Signal

MarketClub’s Trade Triangles for QTM.J22-QTM.K22

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 QTM.J22-QTM.K22

Based on our trend formula, QTM.J22-QTM.K22 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for QTM.J22-QTM.K22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
-0.128 -0.128 -0.128 -0.128 +0.066
Prev. Close Volume Bid Ask Time
-0.194 0 2022-01-19 00:00:00
Expiration2022-04-29
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