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Spread Trend Analysis Report

Prepared for you on Thursday, September 20, 2018.

EURO 3.5% FUEL OIL ROTTERDAM CL Aug 2019/Sep 2019 Spread (NYMEX:UV.Q19_U19.E)

Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with tight money management stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

NYMEX_UV.Q19_U19.E
Open High Low UV.Q19_U19.E Price Change
12.375 12.375 12.375 12.375 -0.125
Entry Signal

MarketClub’s Trade Triangles for UV.Q19_U19.E

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 UV.Q19_U19.E

Based on a pre-defined weighted trend formula for chart analysis, UV.Q19_U19.E scored -80 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-80
Smart Scan Analysis for UV.Q19_U19.E
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
12.375 12.375 12.375 12.375 -0.125
Prev. Close Volume Bid Ask Time
12.5 0 2018-09-19 17:43:02
Contract High13.125Contract High Date2018-09-17
Contract Low10.875Contract Low Date2018-08-22
Open Time18:00Close Time17:00
Want to analyze EURO 3.5% FUEL OIL ROTTERDAM CL Aug 2019/Sep 2019 Spread UV.Q19_U19.E or another symbol? Try our Free Spread Trend Analysis Report.