Future Trend Analysis Report
Prepared for you on Saturday, July 2, 2022.
3.5% FUEL OIL CIF MED JUNE 2022 (NYMEX:Q7D.M22)
Countertrend Up (+85) - Q7D.M22 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.M22?
MarketClub looks at technical strength and momentum to determine if the timing is right for Q7D.M22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for Q7D.M22
The long-term trend has been UP since Jan 5th, 2021 at 267.407
The intermediate-term trend has been UP since Aug 30th, 2021 at 364.945
The short-term trend has been UP since Sep 10th, 2021 at 367.404
Smart Scan Analysis for Q7D.M22
Based on our trend formula, Q7D.M22 is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).