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Future Trend Analysis Report

Prepared for you on Friday, December 3, 2021.

MICRO EUROPEAN 3.5% FUEL OIL BARGES RDAM May 2023 (NYMEX:QMEF.K23)

Bull Market Weakness (+75) - QMEF.K23 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on QMEF.K23 as it may be in the beginning stages of a reversal.

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

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

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

NYMEX_QMEF.K23
Open High Low QMEF.K23 Price Change
335.825 335.825 335.825 335.825 0.000
Entry Signal

MarketClub’s Trade Triangles for QMEF.K23

long term up The long-term trend has been UP since Jan 5th, 2021 at 263.591

intermediate term up The intermediate-term trend has been UP since Aug 30th, 2021 at 341.475

short term up The short-term trend has been UP since Sep 23rd, 2021 at 352.300

Smart Scan Analysis for QMEF.K23

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

+70
Smart Scan Analysis for QMEF.K23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
335.825 335.825 335.825 335.825 0.000
Prev. Close Volume Bid Ask Time
335.825 0 2021-12-02 00:00:00
Volatility34.83Expiration2023-05-31
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