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Future Trend Analysis Report

Prepared for you on Wednesday, December 8, 2021.

MINI EUROPEAN FOB RDAM MARINE FUEL 0.5% Nov 2021 (NYMEX:QR5M.X21)

Bull Market Weakness (+75) - QR5M.X21 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on QR5M.X21 as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid QR5M.X21?

MarketClub looks at technical strength and momentum to determine if the timing is right for QR5M.X21.

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

NYMEX_QR5M.X21
Open High Low QR5M.X21 Price Change
550.5 550.5 550.5 550.5 0.0
Entry Signal

MarketClub’s Trade Triangles for QR5M.X21

long term up The long-term trend has been UP since Sep 24th, 2021 at 519.406

intermediate term up The intermediate-term trend has been UP since Aug 30th, 2021 at 494.067

short term up The short-term trend has been UP since Sep 10th, 2021 at 497.180

Smart Scan Analysis for QR5M.X21

Based on our trend formula, QR5M.X21 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for QR5M.X21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
550.5 550.5 550.5 550.5 0.0
Prev. Close Volume Bid Ask Time
550.5 0 2021-12-02 00:00:00
Volatility22.37Expiration2021-11-30
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