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Future Trend Analysis Report
Prepared for you on Wednesday, August 17, 2022.
SINGAPORE FUEL OIL SPREAD Aug 2023 (NYMEX:QSD.Q23)
Crossroads (-60) - QSD.Q23 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.Q23?
MarketClub looks at technical strength and momentum to determine if the timing is right for QSD.Q23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for QSD.Q23
The long-term trend has been DOWN since May 28th, 2021 at 13.000
The intermediate-term trend has been UP since Oct 5th, 2021 at 10.250
The short-term trend has been UP since Oct 5th, 2021 at 10.875
Smart Scan Analysis for QSD.Q23
Based on our trend formula, QSD.Q23 is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 34.75 | 34.75 | 34.75 | 34.75 | 0.00 |
| Prev. Close | Volume | Bid | Ask | Time |
| 33.75 | 0 | 2022-08-15 00:00:00 |
| Volatility | 95.68 | Expiration | 2023-08-31 |