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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.

NYMEX_QSD.Q23
Open High Low QSD.Q23 Price Change
34.75 34.75 34.75 34.75 0.00
Entry Signal

MarketClub’s Trade Triangles for QSD.Q23

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 Oct 5th, 2021 at 10.250

short term up 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).

-60
Smart Scan Analysis for QSD.Q23
Strong Downtrend Sideways 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
Volatility95.68Expiration2023-08-31
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