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Future Trend Analysis Report

Prepared for you on Monday, January 24, 2022.

NYH RESIDUAL FUEL CRACK Jan 2022 (NYMEX:QML.F22)

Countertrend Up (+85) - QML.F22 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 QML.F22?

MarketClub looks at technical strength and momentum to determine if the timing is right for QML.F22.

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

NYMEX_QML.F22
Open High Low QML.F22 Price Change
0.72 0.72 0.72 0.72 0.00
Entry Signal

MarketClub’s Trade Triangles for QML.F22

long term up The long-term trend has been UP since Sep 20th, 2021 at 2.32

intermediate term up The intermediate-term trend has been UP since Aug 24th, 2021 at 1.29

short term up The short-term trend has been UP since Aug 17th, 2021 at 0.70

Smart Scan Analysis for QML.F22

Based on our trend formula, QML.F22 is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for QML.F22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.72 0.72 0.72 0.72 0.00
Prev. Close Volume Bid Ask Time
0.72 0 2022-01-21 00:00:00
Volatility297.16Expiration2022-01-31
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