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Future Trend Analysis Report

Prepared for you on Wednesday, May 25, 2022.

1% FUEL OIL CARGOES CIF NWE MAY 2022 (NYMEX:Q1X.K22)

Bull Market Weakness (+75) - Q1X.K22 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on Q1X.K22 as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid Q1X.K22?

MarketClub looks at technical strength and momentum to determine if the timing is right for Q1X.K22.

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

NYMEX_Q1X.K22
Open High Low Q1X.K22 Price Change
656.994 656.994 656.994 656.994 0.000
Entry Signal

MarketClub’s Trade Triangles for Q1X.K22

long term up The long-term trend has been UP since Sep 27th, 2021 at 464.512

intermediate term up The intermediate-term trend has been UP since Aug 30th, 2021 at 444.511

short term up The short-term trend has been UP since Sep 10th, 2021 at 451.602

Smart Scan Analysis for Q1X.K22

Based on our trend formula, Q1X.K22 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for Q1X.K22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
656.994 656.994 656.994 656.994 0.000
Prev. Close Volume Bid Ask Time
656.994 0 2022-05-23 00:00:00
Volatility48.61Expiration2022-05-31
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