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Future Trend Analysis Report

Prepared for you on Thursday, May 19, 2022.

3.5% FUEL OIL CIF MED May 2022 (NYMEX:Q7D.K22)

Countertrend Up (+85) - Q7D.K22 is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

Is it time to buy, sell, or avoid Q7D.K22?

MarketClub looks at technical strength and momentum to determine if the timing is right for Q7D.K22.

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

NYMEX_Q7D.K22
Open High Low Q7D.K22 Price Change
591 591 591 591 0
Entry Signal

MarketClub’s Trade Triangles for Q7D.K22

long term up The long-term trend has been UP since Jan 5th, 2021 at 268.282

intermediate term up The intermediate-term trend has been UP since Aug 30th, 2021 at 366.807

short term up The short-term trend has been UP since Sep 10th, 2021 at 369.356

Smart Scan Analysis for Q7D.K22

Based on our trend formula, Q7D.K22 is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for Q7D.K22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
591 591 591 591 0
Prev. Close Volume Bid Ask Time
591 0 2022-05-18 00:00:00
Volatility56.39Expiration2022-05-31
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