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Future Trend Analysis Report

Prepared for you on Saturday, May 28, 2022.

EAST/WEST FUEL OIL SPREAD OCTOBER 2024 (NYMEX:FEW.V24)

Strong Downtrend (-100) - FEW.V24 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, FEW.V24 continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid FEW.V24?

MarketClub looks at technical strength and momentum to determine if the timing is right for FEW.V24.

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

NYMEX_FEW.V24
Open High Low FEW.V24 Price Change
39.33 39.33 39.33 39.33 0.00
Entry Signal

MarketClub’s Trade Triangles for FEW.V24

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 FEW.V24

Based on our trend formula, FEW.V24 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for FEW.V24
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
39.33 39.33 39.33 39.33 0.00
Prev. Close Volume Bid Ask Time
39.25 0 2022-05-26 00:00:00
Volatility68.78Expiration2024-10-31
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