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Future Trend Analysis Report

Prepared for you on Saturday, October 16, 2021.

MICRO EUROPEAN 3.5% FUEL OIL CARGOES FOB OCTOBER 2021 (NYMEX:QM35.V21)

Long-Term Uptrend (+90) - QM35.V21 is in a strong uptrend that is likely to continue. While QM35.V21 is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

Is it time to buy, sell, or avoid QM35.V21?

MarketClub looks at technical strength and momentum to determine if the timing is right for QM35.V21.

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

NYMEX_QM35.V21
Open High Low QM35.V21 Price Change
467.303 467.303 467.303 467.303 0.000
Entry Signal

MarketClub’s Trade Triangles for QM35.V21

long term up The long-term trend has been UP since Dec 17th, 2020 at 259.670

intermediate term up The intermediate-term trend has been UP since Aug 27th, 2021 at 376.384

short term up The short-term trend has been UP since Sep 10th, 2021 at 385.992

Smart Scan Analysis for QM35.V21

Based on our trend formula, QM35.V21 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for QM35.V21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
467.303 467.303 467.303 467.303 0.000
Prev. Close Volume Bid Ask Time
469.521 0 2021-10-14 00:00:00
Volatility31.37Expiration2021-10-29
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