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.
MarketClub’s Trade Triangles for Q1W.U22
The long-term trend has been UP since Sep 21st, 2021 at 451.922
The intermediate-term trend has been UP since Aug 30th, 2021 at 433.662
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).