Future Trend Analysis Report
Prepared for you on Thursday, June 30, 2022.
JET BARGES FOB RDAM VS LOW SUL GASOIL Jun 2022 (NYMEX:QJR.M22)
Countertrend Down (-85) - QJR.M22 is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid QJR.M22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QJR.M22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QJR.M22
The long-term trend has been DOWN since Aug 5th, 2021 at 31.13
The intermediate-term trend has been DOWN since Jul 6th, 2021 at 36.70
The short-term trend has been UP since Sep 15th, 2021 at 28.95
Smart Scan Analysis for QJR.M22
Based on our trend formula, QJR.M22 is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).