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Future Trend Analysis Report

Prepared for you on Wednesday, December 8, 2021.

SINGAPORE FOB MARINE FUEL 0.5% V 380 CST AUGUST 2024 (NYMEX:QS53.Q24)

Weak Downtrend (-65) - QS53.Q24 is showing signs of a strengthening downtrend. Monitor QS53.Q24 as it may be building momentum to the downside.

Is it time to buy, sell, or avoid QS53.Q24?

MarketClub looks at technical strength and momentum to determine if the timing is right for QS53.Q24.

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

NYMEX_QS53.Q24
Open High Low QS53.Q24 Price Change
106.52 106.52 106.52 106.52 0.00
Entry Signal

MarketClub’s Trade Triangles for QS53.Q24

long term down The long-term trend has been DOWN since Apr 7th, 2021 at 118.37

intermediate term down The intermediate-term trend has been DOWN since Sep 23rd, 2021 at 108.20

short term down The short-term trend has been DOWN since Sep 20th, 2021 at 111.48

Smart Scan Analysis for QS53.Q24

Based on our trend formula, QS53.Q24 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for QS53.Q24
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
106.52 106.52 106.52 106.52 0.00
Prev. Close Volume Bid Ask Time
106.03 0 2021-12-06 00:00:00
Volatility64Expiration2024-08-30
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