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Future Trend Analysis Report

Prepared for you on Friday, May 27, 2022.

NYH RESIDUAL FUEL CRACK MAY 2022 (NYMEX:QML.K22)

Sidelines Mode (+50) - QML.K22 is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until QML.K22 can gain momentum.

Is it time to buy, sell, or avoid QML.K22?

MarketClub looks at technical strength and momentum to determine if the timing is right for QML.K22.

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

NYMEX_QML.K22
Open High Low QML.K22 Price Change
-5.79 -5.79 -5.79 -5.79 0
Entry Signal

MarketClub’s Trade Triangles for QML.K22

long term down The long-term trend has been DOWN since Mar 23rd, 2021 at 4.37

intermediate term up The intermediate-term trend has been UP since Aug 23rd, 2021 at 1.51

short term up The short-term trend has been UP since Sep 8th, 2021 at 1.89

Smart Scan Analysis for QML.K22

Based on our trend formula, QML.K22 is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+50
Smart Scan Analysis for QML.K22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
-5.79 -5.79 -5.79 -5.79 0
Prev. Close Volume Bid Ask Time
-5.79 0 2022-05-26 00:00:00
Volatility529.84Expiration2022-05-31
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