Future Trend Analysis Report
Prepared for you on Monday, October 18, 2021.
MINI SINGAPORE FUEL OIL 380 OCTOBER 2021 (NYMEX:QMTS.V21)
Long-Term Uptrend (+90) - QMTS.V21 is in a strong uptrend that is likely to continue. While QMTS.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 QMTS.V21?
MarketClub looks at technical strength and momentum to determine if the timing is right for QMTS.V21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QMTS.V21
The long-term trend has been UP since Dec 15th, 2020 at 280.686
The intermediate-term trend has been UP since Aug 25th, 2021 at 396.634
The short-term trend has been UP since Sep 2nd, 2021 at 407.028
Smart Scan Analysis for QMTS.V21
Based on our trend formula, QMTS.V21 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).