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Future Trend Analysis Report

Prepared for you on Thursday, August 11, 2022.

3.5% FUEL OIL BARGES FOB RDAM CRCK SPRD Jun 2024 (NYMEX:QFO.M24)

Bear Market Rally (-75) - QFO.M24 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on QFO.M24 as it may be in the beginning of a reversal.

Is it time to buy, sell, or avoid QFO.M24?

MarketClub looks at technical strength and momentum to determine if the timing is right for QFO.M24.

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

NYMEX_QFO.M24
Open High Low QFO.M24 Price Change
-11.79 -11.79 -11.79 -11.79 -0.54
Entry Signal

MarketClub’s Trade Triangles for QFO.M24

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 QFO.M24

Based on our trend formula, QFO.M24 is rated as a -80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-80
Smart Scan Analysis for QFO.M24
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
-11.79 -11.79 -11.79 -11.79 -0.54
Prev. Close Volume Bid Ask Time
-11.25 0 2022-08-08 00:00:00
Volatility119.61Expiration2024-06-28
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