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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.

NYMEX_MFB.U22
Open High Low MFB.U22 Price Change
63.55 63.55 63.55 63.18 0.00
Entry Signal

MarketClub’s Trade Triangles for MFB.U22

long term up The long-term trend has been UP since Jan 5th, 2021 at 41.13

intermediate term up The intermediate-term trend has been UP since Aug 30th, 2021 at 55.58

short term up 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).

+80
Smart Scan Analysis for MFB.U22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
63.55 63.55 63.55 63.18 0.00
Prev. Close Volume Bid Ask Time
63.34 0 2022-09-29 00:00:00
Volatility48.87Expiration2022-09-30
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