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Future Trend Analysis Report

Prepared for you on Wednesday, October 20, 2021.

NW EUROPE FUEL OIL HI-LO SULFUR SPREAD Oct 2021 (NYMEX:QFS.V21)

Crossroads (-60) - QFS.V21 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 QFS.V21?

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

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

NYMEX_QFS.V21
Open High Low QFS.V21 Price Change
59.592 59.592 59.592 59.592 0.000
Entry Signal

MarketClub’s Trade Triangles for QFS.V21

long term up The long-term trend has been UP since Sep 3rd, 2021 at 64.25

intermediate term down The intermediate-term trend has been DOWN since Sep 30th, 2021 at 64.55

short term down The short-term trend has been DOWN since Sep 30th, 2021 at 65.50

Smart Scan Analysis for QFS.V21

Based on our trend formula, QFS.V21 is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for QFS.V21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
59.592 59.592 59.592 59.592 0.000
Prev. Close Volume Bid Ask Time
59.492 0 2021-10-19 00:00:00
Volatility30.92Expiration2021-10-29
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