Future Trend Analysis Report
Prepared for you on Thursday, August 18, 2022.
SINGAPORE FUEL OIL SPREAD May 2026 (NYMEX:QSD.K26)
Countertrend Down (-85) - QSD.K26 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.K26?
MarketClub looks at technical strength and momentum to determine if the timing is right for QSD.K26.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QSD.K26
The long-term trend has been DOWN since May 28th, 2021 at 13.00
The intermediate-term trend has been DOWN since May 28th, 2021 at 13.00
The short-term trend has been UP since Oct 4th, 2021 at 11.25
Smart Scan Analysis for QSD.K26
Based on our trend formula, QSD.K26 is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).