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Future Trend Analysis Report

Prepared for you on Friday, May 27, 2022.

MINI MIDDLE EAST NAPHTHA FOB ARAB GULF Nov 2022 (NYMEX:QMME.X22)

Strong Downtrend (-100) - QMME.X22 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, QMME.X22 continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid QMME.X22?

MarketClub looks at technical strength and momentum to determine if the timing is right for QMME.X22.

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

NYMEX_QMME.X22
Open High Low QMME.X22 Price Change
795.899 795.899 795.899 795.899 0.000
Entry Signal

MarketClub’s Trade Triangles for QMME.X22

long term down The long-term trend has been DOWN since at

intermediate term down The intermediate-term trend has been DOWN since at

short term down The short-term trend has been DOWN since at

Smart Scan Analysis for QMME.X22

Based on our trend formula, QMME.X22 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for QMME.X22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
795.899 795.899 795.899 795.899 0.000
Prev. Close Volume Bid Ask Time
804.597 0 2022-05-26 00:00:00
Volatility45.19Expiration2022-11-30
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