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Future Trend Analysis Report

Prepared for you on Monday, May 16, 2022.

MINI EUR 1 % FUEL OIL NWE May 2022 (NYMEX:Q0B.K22)

Countertrend Up (+85) - Q0B.K22 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 Q0B.K22?

MarketClub looks at technical strength and momentum to determine if the timing is right for Q0B.K22.

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

NYMEX_Q0B.K22
Open High Low Q0B.K22 Price Change
630.138 630.138 630.138 630.138 0.000
Entry Signal

MarketClub’s Trade Triangles for Q0B.K22

long term up The long-term trend has been UP since Sep 16th, 2021 at 444.691

intermediate term up The intermediate-term trend has been UP since Aug 30th, 2021 at 424.673

short term up The short-term trend has been UP since Sep 10th, 2021 at 431.394

Smart Scan Analysis for Q0B.K22

Based on our trend formula, Q0B.K22 is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for Q0B.K22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
630.138 630.138 630.138 630.138 0.000
Prev. Close Volume Bid Ask Time
630.138 0 2022-05-13 00:00:00
Volatility50.69Expiration2022-05-31
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