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.
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MarketClub’s Trade Triangles for FEW.K22
The long-term trend has been UP since Sep 22nd, 2021 at 27.750
The intermediate-term trend has been UP since Aug 16th, 2021 at 26.330
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).
| 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 |
| Volatility | 119.99 | Expiration | 2022-05-31 |