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Future Trend Analysis Report
Prepared for you on Friday, July 1, 2022.
3.5% FUEL OIL CIF MED Nov 2022 (NYMEX:Q7D.X22)
Countertrend Up (+85) - Q7D.X22 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.X22?
MarketClub looks at technical strength and momentum to determine if the timing is right for Q7D.X22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for Q7D.X22
The long-term trend has been UP since Jan 5th, 2021 at 263.407
The intermediate-term trend has been UP since Aug 30th, 2021 at 353.511
The short-term trend has been UP since Sep 10th, 2021 at 355.000
Smart Scan Analysis for Q7D.X22
Based on our trend formula, Q7D.X22 is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 580 | 580 | 580 | 580 | 0 |
| Prev. Close | Volume | Bid | Ask | Time |
| 580 | 0 | 2022-06-30 00:00:00 |
| Volatility | 54.14 | Expiration | 2022-11-30 |