Future Trend Analysis Report
Prepared for you on Saturday, October 1, 2022.
GC #6 FUEL OIL 3% SULFUR SEPTEMBER 2022 (NYMEX:MFB.U22)
Countertrend Up (+85) - MFB.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 MFB.U22?
MarketClub looks at technical strength and momentum to determine if the timing is right for MFB.U22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for MFB.U22
The long-term trend has been UP since Jan 5th, 2021 at 41.13
The intermediate-term trend has been UP since Aug 30th, 2021 at 55.58
The short-term trend has been UP since Sep 10th, 2021 at 56.13
Smart Scan Analysis for MFB.U22
Based on our trend formula, MFB.U22 is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).