Free Daily Analysis

Future Trend Analysis Report

Prepared for you on Wednesday, June 29, 2022.

1% FUEL OIL CARGOES CIF MED Sep 2023 (NYMEX:Q1W.U23)

Strong Downtrend (-100) - Q1W.U23 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, Q1W.U23 continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid Q1W.U23?

MarketClub looks at technical strength and momentum to determine if the timing is right for Q1W.U23.

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

NYMEX_Q1W.U23
Open High Low Q1W.U23 Price Change
587.625 587.625 587.625 587.625 0.000
Entry Signal

MarketClub’s Trade Triangles for Q1W.U23

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.U23

Based on our trend formula, Q1W.U23 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for Q1W.U23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
587.625 587.625 587.625 587.625 0.000
Prev. Close Volume Bid Ask Time
587.625 0 2022-06-27 00:00:00
Volatility42.7Expiration2023-09-29
Get a free daily analysis and signals for 1% FUEL OIL CARGOES CIF MED Sep 2023 (Q1W.U23) - Request Your Free Report.