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Future Trend Analysis Report

Prepared for you on Wednesday, May 25, 2022.

EAST/WEST GASOLINE SPREAD May 2022 (NYMEX:QEWG.K22)

Long-Term Downtrend (-90) - QEWG.K22 is in a strong downtrend that is likely to continue. While QEWG.K22 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

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

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

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

NYMEX_QEWG.K22
Open High Low QEWG.K22 Price Change
-5.852 -5.852 -5.852 -5.852 0
Entry Signal

MarketClub’s Trade Triangles for QEWG.K22

long term down The long-term trend has been DOWN since at

intermediate term down The intermediate-term trend has been DOWN since at

short term down The short-term trend has been DOWN since at

Smart Scan Analysis for QEWG.K22

Based on our trend formula, QEWG.K22 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for QEWG.K22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
-5.852 -5.852 -5.852 -5.852 0
Prev. Close Volume Bid Ask Time
-5.852 0 2022-05-24 00:00:00
Volatility504.85Expiration2022-05-31
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