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Future Trend Analysis Report

Prepared for you on Thursday, June 30, 2022.

EURO 1% FUEL OIL CARGOES FOB MED Sep 2022 (NYMEX:QEFM.U22)

Countertrend Up (+85) - QEFM.U22 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 QEFM.U22?

MarketClub looks at technical strength and momentum to determine if the timing is right for QEFM.U22.

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

NYMEX_QEFM.U22
Open High Low QEFM.U22 Price Change
634.534 634.534 634.534 634.534 0.000
Entry Signal

MarketClub’s Trade Triangles for QEFM.U22

long term up The long-term trend has been UP since Sep 20th, 2021 at 443.052

intermediate term up The intermediate-term trend has been UP since Aug 30th, 2021 at 423.662

short term up The short-term trend has been UP since Sep 10th, 2021 at 430.489

Smart Scan Analysis for QEFM.U22

Based on our trend formula, QEFM.U22 is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for QEFM.U22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
634.534 634.534 634.534 634.534 0.000
Prev. Close Volume Bid Ask Time
634.534 0 2022-06-28 00:00:00
Volatility49.33Expiration2022-09-30
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