Future Trend Analysis Report
Prepared for you on Friday, July 1, 2022.
JET AVIATION FUEL CARGOES FOB MED JUNE 2022 (NYMEX:Q1T.M22)
Long-Term Uptrend (+90) - Q1T.M22 is in a strong uptrend that is likely to continue. While Q1T.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 Q1T.M22?
MarketClub looks at technical strength and momentum to determine if the timing is right for Q1T.M22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for Q1T.M22
The long-term trend has been UP since Sep 17th, 2021 at 617.346
The intermediate-term trend has been UP since Aug 30th, 2021 at 596.830
The short-term trend has been UP since Sep 2nd, 2021 at 600.830
Smart Scan Analysis for Q1T.M22
Based on our trend formula, Q1T.M22 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).