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Future Trend Analysis Report

Prepared for you on Friday, October 22, 2021.

MICRO SINGAPORE FUEL OIL 380CST (PLATTS) Oct 2021 (NYMEX:QMAF.V21)

Long-Term Uptrend (+90) - QMAF.V21 is in a strong uptrend that is likely to continue. While QMAF.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 QMAF.V21?

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

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

NYMEX_QMAF.V21
Open High Low QMAF.V21 Price Change
489.906 489.906 489.906 489.906 0.000
Entry Signal

MarketClub’s Trade Triangles for QMAF.V21

long term up The long-term trend has been UP since Dec 15th, 2020 at 280.686

intermediate term up The intermediate-term trend has been UP since Aug 25th, 2021 at 396.634

short term up The short-term trend has been UP since Sep 2nd, 2021 at 407.028

Smart Scan Analysis for QMAF.V21

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

+90
Smart Scan Analysis for QMAF.V21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
489.906 489.906 489.906 489.906 0.000
Prev. Close Volume Bid Ask Time
485.019 0 2021-10-21 00:00:00
Volatility29.98Expiration2021-10-29
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