Future Trend Analysis Report
Prepared for you on Thursday, May 26, 2022.
NEW YORK JET FUEL May 2022 (NYMEX:Q1Q.K22)
Long-Term Uptrend (+90) - Q1Q.K22 is in a strong uptrend that is likely to continue. While Q1Q.K22 is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid Q1Q.K22?
MarketClub looks at technical strength and momentum to determine if the timing is right for Q1Q.K22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for Q1Q.K22
The long-term trend has been UP since Sep 27th, 2021 at 1.9341
The intermediate-term trend has been UP since Aug 30th, 2021 at 1.8662
The short-term trend has been UP since Sep 10th, 2021 at 1.8942
Smart Scan Analysis for Q1Q.K22
Based on our trend formula, Q1Q.K22 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).