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Future Trend Analysis Report

Prepared for you on Saturday, October 1, 2022.

1% FUEL OIL CARGOES CIF MED SEPTEMBER 2022 (NYMEX:Q1W.U22)

Countertrend Up (+85) - Q1W.U22 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.U22?

MarketClub looks at technical strength and momentum to determine if the timing is right for Q1W.U22.

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

NYMEX_Q1W.U22
Open High Low Q1W.U22 Price Change
574.684 574.684 574.684 574.684 0.000
Entry Signal

MarketClub’s Trade Triangles for Q1W.U22

long term up The long-term trend has been UP since Sep 21st, 2021 at 451.922

intermediate term up The intermediate-term trend has been UP since Aug 30th, 2021 at 433.662

short term up The short-term trend has been UP since Sep 10th, 2021 at 440.489

Smart Scan Analysis for Q1W.U22

Based on our trend formula, Q1W.U22 is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for Q1W.U22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
574.684 574.684 574.684 574.684 0.000
Prev. Close Volume Bid Ask Time
574.684 0 2022-09-29 00:00:00
Volatility38.2Expiration2022-09-30
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