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Future Trend Analysis Report

Prepared for you on Wednesday, October 27, 2021.

EURO 3.5% FUEL OIL SPREAD OCTOBER 2021 (NYMEX:QFK.V21)

Countertrend Up (+85) - QFK.V21 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 QFK.V21?

MarketClub looks at technical strength and momentum to determine if the timing is right for QFK.V21.

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

NYMEX_QFK.V21
Open High Low QFK.V21 Price Change
-0.369 -0.369 -0.369 -0.369 0
Entry Signal

MarketClub’s Trade Triangles for QFK.V21

long term up The long-term trend has been UP since Oct 7th, 2021 at 0.167

intermediate term up The intermediate-term trend has been UP since Oct 7th, 2021 at 0.167

short term up The short-term trend has been UP since Oct 7th, 2021 at 0.167

Smart Scan Analysis for QFK.V21

Based on our trend formula, QFK.V21 is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for QFK.V21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
-0.369 -0.369 -0.369 -0.369 0
Prev. Close Volume Bid Ask Time
-0.369 0 2021-10-26 00:00:00
Volatility633.46Expiration2021-10-29
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