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Future Trend Analysis Report

Prepared for you on Tuesday, January 25, 2022.

GC #6 FUEL OIL 3% SULFUR NOVEMBER 2023 (NYMEX:MFB.X23)

Bull Market Weakness (+75) - MFB.X23 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on MFB.X23 as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid MFB.X23?

MarketClub looks at technical strength and momentum to determine if the timing is right for MFB.X23.

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

NYMEX_MFB.X23
Open High Low MFB.X23 Price Change
63.7 63.7 63.7 63.7 0.0
Entry Signal

MarketClub’s Trade Triangles for MFB.X23

long term down The long-term trend has been DOWN since Jul 19th, 2021 at 49.6

intermediate term up The intermediate-term trend has been UP since Aug 25th, 2021 at 52.9

short term up The short-term trend has been UP since Sep 27th, 2021 at 54.8

Smart Scan Analysis for MFB.X23

Based on our trend formula, MFB.X23 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for MFB.X23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
63.7 63.7 63.7 63.7 0.0
Prev. Close Volume Bid Ask Time
63.7 0 2022-01-24 00:00:00
Volatility31.84Expiration2023-11-30
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