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Future Trend Analysis Report

Prepared for you on Friday, June 9, 2023.

GC JET VS HEATING OIL SPREAD MAY 2023 (NYMEX:QME.K23)

Weak Downtrend (-65) - QME.K23 is showing signs of a strengthening downtrend. Monitor QME.K23 as it may be building momentum to the downside.

Is it time to buy, sell, or avoid QME.K23?

MarketClub looks at technical strength and momentum to determine if the timing is right for QME.K23.

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

NYMEX_QME.K23
Open High Low QME.K23 Price Change
-0.1707 -0.1707 -0.1707 -0.1707 0
Entry Signal

MarketClub’s Trade Triangles for QME.K23

long term down The long-term trend has been DOWN since at

intermediate term down The intermediate-term trend has been DOWN since at

short term down The short-term trend has been DOWN since at

Smart Scan Analysis for QME.K23

Based on our trend formula, QME.K23 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for QME.K23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
-0.1707 -0.1707 -0.1707 -0.1707 0
Prev. Close Volume Bid Ask Time
-0.1707 0 2023-06-02 00:00:00
Volatility63.71Expiration2023-05-31
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