Future Trend Analysis Report
Prepared for you on Monday, January 24, 2022.
SINGAPORE FUEL OIL SPREAD Jan 2022 (NYMEX:QSD.F22)
Strong Uptrend (+100) - QSD.F22 is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, QSD.F22 continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid QSD.F22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QSD.F22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QSD.F22
The long-term trend has been UP since Aug 27th, 2021 at 9.313
The intermediate-term trend has been UP since Aug 23rd, 2021 at 8.750
The short-term trend has been UP since Sep 8th, 2021 at 10.000
Smart Scan Analysis for QSD.F22
Based on our trend formula, QSD.F22 is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).