Future Trend Analysis Report
Prepared for you on Friday, July 1, 2022.
MINI SINGAPORE FUEL OIL VS 3.5% FUEL JUNE 2022 (NYMEX:QMSB.M22)
Sidelines Mode (+55) - QMSB.M22 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid QMSB.M22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QMSB.M22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QMSB.M22
The long-term trend has been UP since Aug 3rd, 2021 at 17.773
The intermediate-term trend has been DOWN since Sep 8th, 2021 at 16.138
The short-term trend has been UP since Sep 22nd, 2021 at 16.269
Smart Scan Analysis for QMSB.M22
Based on our trend formula, QMSB.M22 is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).