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Future Trend Analysis Report

Prepared for you on Thursday, October 21, 2021.

1% FUEL OIL CARGOES CIF NWE Oct 2021 (NYMEX:Q1X.V21)

Long-Term Uptrend (+90) - Q1X.V21 is in a strong uptrend that is likely to continue. While Q1X.V21 is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

Is it time to buy, sell, or avoid Q1X.V21?

MarketClub looks at technical strength and momentum to determine if the timing is right for Q1X.V21.

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

NYMEX_Q1X.V21
Open High Low Q1X.V21 Price Change
539.041 539.041 539.041 539.041 0.000
Entry Signal

MarketClub’s Trade Triangles for Q1X.V21

long term up The long-term trend has been UP since Dec 10th, 2020 at 334.048

intermediate term up The intermediate-term trend has been UP since Aug 30th, 2021 at 459.848

short term up The short-term trend has been UP since Sep 10th, 2021 at 473.342

Smart Scan Analysis for Q1X.V21

Based on our trend formula, Q1X.V21 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for Q1X.V21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
539.041 539.041 539.041 539.041 0.000
Prev. Close Volume Bid Ask Time
539.041 0 2021-10-20 00:00:00
Volatility25.8Expiration2021-10-29
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