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Future Trend Analysis Report

Prepared for you on Tuesday, November 24, 2020.

MINI 3.5% FUEL OIL CARGOES FOB MED Nov 2020 (NYMEX:QMMF.X20)

Weak Downtrend (-65) - QMMF.X20 is showing signs of a strengthening downtrend. Monitor QMMF.X20 as it may be building momentum to the downside.

Is it time to buy, sell, or avoid QMMF.X20?

MarketClub looks at technical strength and momentum to determine if the timing is right for QMMF.X20.

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

NYMEX_QMMF.X20
Open High Low QMMF.X20 Price Change
244.969 244.969 244.969 244.969 0.000
Entry Signal

MarketClub’s Trade Triangles for QMMF.X20

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 QMMF.X20

Based on our trend formula, QMMF.X20 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for QMMF.X20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
244.969 244.969 244.969 244.969 0.000
Prev. Close Volume Bid Ask Time
244.969 0 2020-11-23 00:00:00
Volatility37.95Expiration2020-11-30
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