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Future Trend Analysis Report

Prepared for you on Saturday, December 4, 2021.

MICRO EUROPEAN 3.5% FUEL OIL CARGOES FOB NOVEMBER 2021 (NYMEX:QM35.X21)

Bull Market Weakness (+75) - QM35.X21 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on QM35.X21 as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid QM35.X21?

MarketClub looks at technical strength and momentum to determine if the timing is right for QM35.X21.

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

NYMEX_QM35.X21
Open High Low QM35.X21 Price Change
416.114 416.114 416.114 416.114 0.000
Entry Signal

MarketClub’s Trade Triangles for QM35.X21

long term up The long-term trend has been UP since Dec 18th, 2020 at 259.916

intermediate term up The intermediate-term trend has been UP since Aug 27th, 2021 at 371.342

short term up The short-term trend has been UP since Sep 10th, 2021 at 377.725

Smart Scan Analysis for QM35.X21

Based on our trend formula, QM35.X21 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for QM35.X21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
416.114 416.114 416.114 416.114 0.000
Prev. Close Volume Bid Ask Time
416.114 0 2021-12-02 00:00:00
Volatility28.49Expiration2021-11-30
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