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Future Trend Analysis Report

Prepared for you on Monday, August 8, 2022.

SINGAPORE FUEL OIL SPREAD MAY 2024 (NYMEX:QSD.K24)

Countertrend Down (-85) - QSD.K24 is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

Is it time to buy, sell, or avoid QSD.K24?

MarketClub looks at technical strength and momentum to determine if the timing is right for QSD.K24.

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

NYMEX_QSD.K24
Open High Low QSD.K24 Price Change
37.188 37.188 37.188 37.188 0.000
Entry Signal

MarketClub’s Trade Triangles for QSD.K24

long term down The long-term trend has been DOWN since May 28th, 2021 at 13.000

intermediate term down The intermediate-term trend has been DOWN since Dec 31st, 2020 at 11.750

short term up The short-term trend has been UP since Sep 22nd, 2021 at 10.875

Smart Scan Analysis for QSD.K24

Based on our trend formula, QSD.K24 is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for QSD.K24
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
37.188 37.188 37.188 37.188 0.000
Prev. Close Volume Bid Ask Time
37.188 0 2022-08-05 00:00:00
Volatility105.14Expiration2024-05-31
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