Free Daily Analysis

Future Trend Analysis Report

Prepared for you on Friday, December 4, 2020.

MINI SINGAPORE FOB MARINE FUEL 0.5% APRIL 2023 (NYMEX:QS5M.J23)

Bear Market Rally (-75) - QS5M.J23 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on QS5M.J23 as it may be in the beginning of a reversal.

Is it time to buy, sell, or avoid QS5M.J23?

MarketClub looks at technical strength and momentum to determine if the timing is right for QS5M.J23.

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

NYMEX_QS5M.J23
Open High Low QS5M.J23 Price Change
391.426 391.426 391.426 391.426 0.000
Entry Signal

MarketClub’s Trade Triangles for QS5M.J23

long term down The long-term trend has been DOWN since at

intermediate term down The intermediate-term trend has been DOWN since at

short term down The short-term trend has been DOWN since at

Smart Scan Analysis for QS5M.J23

Based on our trend formula, QS5M.J23 is rated as a -80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-80
Smart Scan Analysis for QS5M.J23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
391.426 391.426 391.426 391.426 0.000
Prev. Close Volume Bid Ask Time
391.426 0 2020-12-03 00:00:00
Volatility30.63Expiration2023-04-28
Get a free daily analysis and signals for MINI SINGAPORE FOB MARINE FUEL 0.5% APRIL 2023 (QS5M.J23) - Request Your Free Report.