Future Trend Analysis Report
Prepared for you on Tuesday, January 18, 2022.
EAST/WEST FUEL OIL SPREAD Jan 2022 (NYMEX:FEW.F22)
Strong Downtrend (-100) - FEW.F22 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, FEW.F22 continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid FEW.F22?
MarketClub looks at technical strength and momentum to determine if the timing is right for FEW.F22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for FEW.F22
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 FEW.F22
Based on our trend formula, FEW.F22 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).