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Future Trend Analysis Report

Prepared for you on Wednesday, September 28, 2022.

EAST/WEST FUEL OIL SPREAD SEPTEMBER 2022 (NYMEX:FEW.U22)

Countertrend Up (+85) - FEW.U22 is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

Is it time to buy, sell, or avoid FEW.U22?

MarketClub looks at technical strength and momentum to determine if the timing is right for FEW.U22.

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

NYMEX_FEW.U22
Open High Low FEW.U22 Price Change
32.35 32.35 32.35 32.35 0.00
Entry Signal

MarketClub’s Trade Triangles for FEW.U22

long term up The long-term trend has been UP since Sep 28th, 2021 at 29.410

intermediate term up The intermediate-term trend has been UP since Aug 16th, 2021 at 28.605

short term up The short-term trend has been UP since Sep 10th, 2021 at 27.784

Smart Scan Analysis for FEW.U22

Based on our trend formula, FEW.U22 is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for FEW.U22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
32.35 32.35 32.35 32.35 0.00
Prev. Close Volume Bid Ask Time
32.35 0 2022-09-26 00:00:00
Volatility304.22Expiration2022-09-30
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