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Future Trend Analysis Report

Prepared for you on Monday, October 18, 2021.

MINI 3.5% FUEL OIL CARGOES FOB MED Oct 2021 (NYMEX:QMMF.V21)

Long-Term Uptrend (+90) - QMMF.V21 is in a strong uptrend that is likely to continue. While QMMF.V21 is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

Is it time to buy, sell, or avoid QMMF.V21?

MarketClub looks at technical strength and momentum to determine if the timing is right for QMMF.V21.

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

NYMEX_QMMF.V21
Open High Low QMMF.V21 Price Change
469.521 469.521 469.521 469.521 0.000
Entry Signal

MarketClub’s Trade Triangles for QMMF.V21

long term up The long-term trend has been UP since Dec 17th, 2020 at 259.670

intermediate term up The intermediate-term trend has been UP since Aug 27th, 2021 at 376.384

short term up The short-term trend has been UP since Sep 10th, 2021 at 385.992

Smart Scan Analysis for QMMF.V21

Based on our trend formula, QMMF.V21 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for QMMF.V21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
469.521 469.521 469.521 469.521 0.000
Prev. Close Volume Bid Ask Time
469.521 0 2021-10-15 00:00:00
Volatility31.37Expiration2021-10-29
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