Future Trend Analysis Report
Prepared for you on Monday, August 8, 2022.
NEW YORK JET FUEL MAY 2024 (NYMEX:Q1Q.K24)
Bull Market Weakness (+75) - Q1Q.K24 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on Q1Q.K24 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid Q1Q.K24?
MarketClub looks at technical strength and momentum to determine if the timing is right for Q1Q.K24.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for Q1Q.K24
The long-term trend has been UP since Sep 29th, 2021 at 1.8083
The intermediate-term trend has been UP since Aug 25th, 2021 at 1.7679
The short-term trend has been UP since Sep 10th, 2021 at 1.7929
Smart Scan Analysis for Q1Q.K24
Based on our trend formula, Q1Q.K24 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).