Future Trend Analysis Report
Prepared for you on Saturday, July 2, 2022.
MICRO EUROPEAN 3.5% FUEL OIL BARGES RDAM JUNE 2022 (NYMEX:QMEF.M22)
Bull Market Weakness (+75) - QMEF.M22 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on QMEF.M22 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid QMEF.M22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QMEF.M22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QMEF.M22
The long-term trend has been UP since Jan 5th, 2021 at 260.550
The intermediate-term trend has been UP since Aug 27th, 2021 at 361.800
The short-term trend has been UP since Sep 10th, 2021 at 364.654
Smart Scan Analysis for QMEF.M22
Based on our trend formula, QMEF.M22 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).