Free Daily Analysis

Future Trend Analysis Report

Prepared for you on Friday, May 27, 2022.

EAST/WEST FUEL OIL SPREAD May 2022 (NYMEX:FEW.K22)

Bull Market Weakness (+75) - FEW.K22 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on FEW.K22 as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid FEW.K22?

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

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

NYMEX_FEW.K22
Open High Low FEW.K22 Price Change
52.35 52.35 52.35 52.35 0.00
Entry Signal

MarketClub’s Trade Triangles for FEW.K22

long term up The long-term trend has been UP since Sep 22nd, 2021 at 27.750

intermediate term up The intermediate-term trend has been UP since Aug 16th, 2021 at 26.330

short term up The short-term trend has been UP since Sep 7th, 2021 at 26.625

Smart Scan Analysis for FEW.K22

Based on our trend formula, FEW.K22 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for FEW.K22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
52.35 52.35 52.35 52.35 0.00
Prev. Close Volume Bid Ask Time
52.35 0 2022-05-26 00:00:00
Volatility119.99Expiration2022-05-31
Get a free daily analysis and signals for EAST/WEST FUEL OIL SPREAD May 2022 (FEW.K22) - Request Your Free Report.