Free Daily Analysis

Future Trend Analysis Report

Prepared for you on Friday, December 3, 2021.

SINGAPORE FOB MARINE FUEL 0.5% V 380 CST JUNE 2024 (NYMEX:QS53.M24)

Strong Downtrend (-100) - QS53.M24 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid QS53.M24?

MarketClub looks at technical strength and momentum to determine if the timing is right for QS53.M24.

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

NYMEX_QS53.M24
Open High Low QS53.M24 Price Change
102.488 102.488 102.488 102.488 0.000
Entry Signal

MarketClub’s Trade Triangles for QS53.M24

long term down The long-term trend has been DOWN since Apr 7th, 2021 at 117.703

intermediate term down The intermediate-term trend has been DOWN since Sep 30th, 2021 at 109.838

short term down The short-term trend has been DOWN since Sep 30th, 2021 at 111.596

Smart Scan Analysis for QS53.M24

Based on our trend formula, QS53.M24 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for QS53.M24
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
102.488 102.488 102.488 102.488 0.000
Prev. Close Volume Bid Ask Time
102.131 0 2021-11-30 00:00:00
Volatility62.34Expiration2024-06-28
Get a free daily analysis and signals for SINGAPORE FOB MARINE FUEL 0.5% V 380 CST JUNE 2024 (QS53.M24) - Request Your Free Report.