Future Trend Analysis Report
Prepared for you on Sunday, December 5, 2021.
1% FUEL OIL CARGOES CIF MED Nov 2021 (NYMEX:Q1W.X21)
Bull Market Weakness (+75) - Q1W.X21 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on Q1W.X21 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid Q1W.X21?
MarketClub looks at technical strength and momentum to determine if the timing is right for Q1W.X21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for Q1W.X21
The long-term trend has been UP since Sep 17th, 2021 at 476.906
The intermediate-term trend has been UP since Aug 30th, 2021 at 456.142
The short-term trend has been UP since Sep 10th, 2021 at 467.125
Smart Scan Analysis for Q1W.X21
Based on our trend formula, Q1W.X21 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).