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Future Trend Analysis Report

Prepared for you on Sunday, October 24, 2021.

MICRO EUROPEAN 3.5% FUEL OIL BARGES RDAM Oct 2021 (NYMEX:QMEF.V21)

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

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

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

NYMEX_QMEF.V21
Open High Low QMEF.V21 Price Change
468.051 468.051 468.051 468.051 0.000
Entry Signal

MarketClub’s Trade Triangles for QMEF.V21

long term up The long-term trend has been UP since Dec 15th, 2020 at 262.686

intermediate term up The intermediate-term trend has been UP since Aug 27th, 2021 at 381.884

short term up The short-term trend has been UP since Sep 10th, 2021 at 391.492

Smart Scan Analysis for QMEF.V21

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

+90
Smart Scan Analysis for QMEF.V21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
468.051 468.051 468.051 468.051 0.000
Prev. Close Volume Bid Ask Time
463.233 0 2021-10-21 00:00:00
Volatility31.02Expiration2021-10-29
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