Future Trend Analysis Report
Prepared for you on Wednesday, June 16, 2021.
1% FUEL OIL CARGOES CIF NWE JUNE 2021 (NYMEX:Q1X.M21)
Bear Market Rally (-75) - Q1X.M21 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on Q1X.M21 as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid Q1X.M21?
MarketClub looks at technical strength and momentum to determine if the timing is right for Q1X.M21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for Q1X.M21
The long-term trend has been DOWN since at
The intermediate-term trend has been DOWN since at
The short-term trend has been DOWN since at
Smart Scan Analysis for Q1X.M21
Based on our trend formula, Q1X.M21 is rated as a -80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).