Future Trend Analysis Report
Prepared for you on Thursday, June 30, 2022.
JET AVIATION FUEL FOB MED V. ICE GASOIL Jun 2022 (NYMEX:Q1V.M22)
Bull Market Weakness (+75) - Q1V.M22 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on Q1V.M22 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid Q1V.M22?
MarketClub looks at technical strength and momentum to determine if the timing is right for Q1V.M22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for Q1V.M22
The long-term trend has been UP since Oct 13th, 2020 at 18.000
The intermediate-term trend has been UP since Sep 30th, 2021 at 18.310
The short-term trend has been UP since Sep 7th, 2021 at 17.666
Smart Scan Analysis for Q1V.M22
Based on our trend formula, Q1V.M22 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).