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Future Trend Analysis Report

Prepared for you on Monday, December 6, 2021.

SINGAPORE FOB MARINE FUEL 0.5% V 380 CST NOVEMBER 2022 (NYMEX:QS53.X22)

Long-Term Downtrend (-90) - QS53.X22 is in a strong downtrend that is likely to continue. While QS53.X22 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid QS53.X22?

MarketClub looks at technical strength and momentum to determine if the timing is right for QS53.X22.

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

NYMEX_QS53.X22
Open High Low QS53.X22 Price Change
112.27 112.27 112.27 112.27 0.00
Entry Signal

MarketClub’s Trade Triangles for QS53.X22

long term down The long-term trend has been DOWN since Jun 3rd, 2021 at 124.36

intermediate term down The intermediate-term trend has been DOWN since Sep 27th, 2021 at 118.85

short term down The short-term trend has been DOWN since Sep 21st, 2021 at 120.63

Smart Scan Analysis for QS53.X22

Based on our trend formula, QS53.X22 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for QS53.X22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
112.27 112.27 112.27 112.27 0.00
Prev. Close Volume Bid Ask Time
112.27 0 2021-12-06 00:00:00
Volatility43.25Expiration2022-11-30
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