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Future Trend Analysis Report

Prepared for you on Sunday, August 14, 2022.

1% FUEL OIL CARGOES CIF NWE DECEMBER 2023 (NYMEX:Q1X.Z23)

Weak Downtrend (-65) - Q1X.Z23 is showing signs of a strengthening downtrend. Monitor Q1X.Z23 as it may be building momentum to the downside.

Is it time to buy, sell, or avoid Q1X.Z23?

MarketClub looks at technical strength and momentum to determine if the timing is right for Q1X.Z23.

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

NYMEX_Q1X.Z23
Open High Low Q1X.Z23 Price Change
569.3 569.3 569.3 569.3 0.0
Entry Signal

MarketClub’s Trade Triangles for Q1X.Z23

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 Q1X.Z23

Based on our trend formula, Q1X.Z23 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for Q1X.Z23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
569.3 569.3 569.3 569.3 0.0
Prev. Close Volume Bid Ask Time
576.6 0 2022-08-12 00:00:00
Volatility34.52Expiration2023-12-29
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