Free Daily Analysis
Future Trend Analysis Report
Prepared for you on Thursday, July 7, 2022.
1% FUEL OIL CARGOES CIF MED Jun 2022 (NYMEX:Q1W.M22)
Countertrend Up (+85) - Q1W.M22 is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid Q1W.M22?
MarketClub looks at technical strength and momentum to determine if the timing is right for Q1W.M22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for Q1W.M22
The long-term trend has been UP since Sep 28th, 2021 at 460.761
The intermediate-term trend has been UP since Aug 30th, 2021 at 441.061
The short-term trend has been UP since Sep 10th, 2021 at 447.691
Smart Scan Analysis for Q1W.M22
Based on our trend formula, Q1W.M22 is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 681.3 | 681.3 | 681.3 | 681.3 | 0.0 |
| Prev. Close | Volume | Bid | Ask | Time |
| 681.3 | 0 | 2022-07-01 00:00:00 |
| Volatility | 49.42 | Expiration | 2022-06-30 |