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Future Trend Analysis Report

Prepared for you on Sunday, January 23, 2022.

MINI EUROPEAN FOB RDAM MARINE FUEL 0.5% JUNE 2022 (NYMEX:QR5M.M22)

Countertrend Up (+85) - QR5M.M22 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 QR5M.M22?

MarketClub looks at technical strength and momentum to determine if the timing is right for QR5M.M22.

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

NYMEX_QR5M.M22
Open High Low QR5M.M22 Price Change
578.983 578.983 578.983 578.983 0.000
Entry Signal

MarketClub’s Trade Triangles for QR5M.M22

long term up The long-term trend has been UP since Oct 4th, 2021 at 502.439

intermediate term up The intermediate-term trend has been UP since Aug 30th, 2021 at 479.448

short term up The short-term trend has been UP since Sep 10th, 2021 at 481.484

Smart Scan Analysis for QR5M.M22

Based on our trend formula, QR5M.M22 is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for QR5M.M22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
578.983 578.983 578.983 578.983 0.000
Prev. Close Volume Bid Ask Time
581.905 0 2022-01-20 00:00:00
Volatility29.96Expiration2022-06-30
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