Future Trend Analysis Report
Prepared for you on Wednesday, June 29, 2022.
NEW YORK JET FUEL JUNE 2022 (NYMEX:Q1Q.M22)
Long-Term Uptrend (+90) - Q1Q.M22 is in a strong uptrend that is likely to continue. While Q1Q.M22 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.M22?
MarketClub looks at technical strength and momentum to determine if the timing is right for Q1Q.M22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for Q1Q.M22
The long-term trend has been UP since Sep 20th, 2021 at 1.9313
The intermediate-term trend has been UP since Aug 30th, 2021 at 1.8649
The short-term trend has been UP since Sep 10th, 2021 at 1.8916
Smart Scan Analysis for Q1Q.M22
Based on our trend formula, Q1Q.M22 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).