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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.

NYMEX_Q1Q.K24
Open High Low Q1Q.K24 Price Change
2.5875 2.5875 2.5875 2.5875 0.0000
Entry Signal

MarketClub’s Trade Triangles for Q1Q.K24

long term up The long-term trend has been UP since Sep 29th, 2021 at 1.8083

intermediate term up The intermediate-term trend has been UP since Aug 25th, 2021 at 1.7679

short term up 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).

+70
Smart Scan Analysis for Q1Q.K24
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.5875 2.5875 2.5875 2.5875 0.0000
Prev. Close Volume Bid Ask Time
2.5875 0 2022-08-05 00:00:00
Volatility30.88Expiration2024-05-31
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