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Future Trend Analysis Report

Prepared for you on Thursday, January 27, 2022.

EAST/WEST GASOLINE SPREAD Jan 2022 (NYMEX:QEWG.F22)

Crossroads (-60) - QEWG.F22 is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid QEWG.F22?

MarketClub looks at technical strength and momentum to determine if the timing is right for QEWG.F22.

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

NYMEX_QEWG.F22
Open High Low QEWG.F22 Price Change
1.226 1.226 1.226 1.226 0.000
Entry Signal

MarketClub’s Trade Triangles for QEWG.F22

long term up The long-term trend has been UP since Jul 1st, 2021 at 0.868

intermediate term down The intermediate-term trend has been DOWN since Aug 16th, 2021 at 0.809

short term down The short-term trend has been DOWN since Sep 23rd, 2021 at 0.663

Smart Scan Analysis for QEWG.F22

Based on our trend formula, QEWG.F22 is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for QEWG.F22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.226 1.226 1.226 1.226 0.000
Prev. Close Volume Bid Ask Time
1.226 0 2022-01-26 00:00:00
Volatility223.33Expiration2022-01-31
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