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Future Trend Analysis Report

Prepared for you on Wednesday, June 29, 2022.

SINGAPORE FUEL OIL SPREAD JUNE 2022 (NYMEX:QSD.M22)

Crossroads (-60) - QSD.M22 is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid QSD.M22?

MarketClub looks at technical strength and momentum to determine if the timing is right for QSD.M22.

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

NYMEX_QSD.M22
Open High Low QSD.M22 Price Change
42.09 42.09 42.09 42.09 0.00
Entry Signal

MarketClub’s Trade Triangles for QSD.M22

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

intermediate term up The intermediate-term trend has been UP since Aug 24th, 2021 at 9.375

short term up The short-term trend has been UP since Sep 8th, 2021 at 9.750

Smart Scan Analysis for QSD.M22

Based on our trend formula, QSD.M22 is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for QSD.M22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
42.09 42.09 42.09 42.09 0.00
Prev. Close Volume Bid Ask Time
42.09 0 2022-06-28 00:00:00
Volatility189.21Expiration2022-06-30
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