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Future Trend Analysis Report

Prepared for you on Saturday, November 27, 2021.

MINI 1% FUEL OIL CARGOES FOB MED NOVEMBER 2021 (NYMEX:QMFD.X21)

Countertrend Up (+85) - QMFD.X21 is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

Is it time to buy, sell, or avoid QMFD.X21?

MarketClub looks at technical strength and momentum to determine if the timing is right for QMFD.X21.

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

NYMEX_QMFD.X21
Open High Low QMFD.X21 Price Change
516.011 516.011 516.011 516.011 0.000
Entry Signal

MarketClub’s Trade Triangles for QMFD.X21

long term up The long-term trend has been UP since Sep 20th, 2021 at 466.656

intermediate term up The intermediate-term trend has been UP since Aug 30th, 2021 at 446.142

short term up The short-term trend has been UP since Sep 10th, 2021 at 457.125

Smart Scan Analysis for QMFD.X21

Based on our trend formula, QMFD.X21 is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for QMFD.X21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
516.011 516.011 516.011 516.011 0.000
Prev. Close Volume Bid Ask Time
516.675 0 2021-11-24 00:00:00
Volatility23.22Expiration2021-11-30
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