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Future Trend Analysis Report

Prepared for you on Friday, May 27, 2022.

MINI 3.5% FUEL OIL CARGOES FOB MED JULY 2024 (NYMEX:QMMF.N24)

Countertrend Up (+85) - QMMF.N24 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 QMMF.N24?

MarketClub looks at technical strength and momentum to determine if the timing is right for QMMF.N24.

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

NYMEX_QMMF.N24
Open High Low QMMF.N24 Price Change
479.806 479.806 479.806 479.806 0.000
Entry Signal

MarketClub’s Trade Triangles for QMMF.N24

long term up The long-term trend has been UP since Sep 2nd, 2021 at 340.424

intermediate term up The intermediate-term trend has been UP since Aug 27th, 2021 at 334.988

short term up The short-term trend has been UP since Sep 10th, 2021 at 337.613

Smart Scan Analysis for QMMF.N24

Based on our trend formula, QMMF.N24 is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for QMMF.N24
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
479.806 479.806 479.806 479.806 0.000
Prev. Close Volume Bid Ask Time
479.806 0 2022-05-26 00:00:00
Volatility47.93Expiration2024-07-31
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