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Future Trend Analysis Report

Prepared for you on Thursday, December 3, 2020.

1% FUEL OIL CARGOES CIF MED NOVEMBER 2020 (NYMEX:Q1W.X20)

Bear Market Rally (-75) - Q1W.X20 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on Q1W.X20 as it may be in the beginning of a reversal.

Is it time to buy, sell, or avoid Q1W.X20?

MarketClub looks at technical strength and momentum to determine if the timing is right for Q1W.X20.

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

NYMEX_Q1W.X20
Open High Low Q1W.X20 Price Change
303.404 303.404 303.404 303.404 0.000
Entry Signal

MarketClub’s Trade Triangles for Q1W.X20

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.X20

Based on our trend formula, Q1W.X20 is rated as a -80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-80
Smart Scan Analysis for Q1W.X20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
303.404 303.404 303.404 303.404 0.000
Prev. Close Volume Bid Ask Time
302.821 0 2020-12-01 00:00:00
Volatility34.37Expiration2020-11-30
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