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Future Trend Analysis Report

Prepared for you on Wednesday, June 16, 2021.

1% FUEL OIL CARGOES CIF MED JUNE 2021 (NYMEX:Q1W.M21)

Weak Downtrend (-65) - Q1W.M21 is showing signs of a strengthening downtrend. Monitor Q1W.M21 as it may be building momentum to the downside.

Is it time to buy, sell, or avoid Q1W.M21?

MarketClub looks at technical strength and momentum to determine if the timing is right for Q1W.M21.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NYMEX_Q1W.M21
Open High Low Q1W.M21 Price Change
446.386 446.386 446.386 446.386 0.000
Entry Signal

MarketClub’s Trade Triangles for Q1W.M21

long term down The long-term trend has been DOWN since at

intermediate term down The intermediate-term trend has been DOWN since at

short term down The short-term trend has been DOWN since at

Smart Scan Analysis for Q1W.M21

Based on our trend formula, Q1W.M21 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for Q1W.M21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
446.386 446.386 446.386 446.386 0.000
Prev. Close Volume Bid Ask Time
447.022 0 2021-06-15 00:00:00
Volatility30.29Expiration2021-06-30
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