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Future Trend Analysis Report

Prepared for you on Monday, September 21, 2020.

SINGAPORE FUEL OIL SPREAD Sep 2020 (NYMEX:QSD.U20)

Long-Term Downtrend (-90) - QSD.U20 is in a strong downtrend that is likely to continue. While QSD.U20 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid QSD.U20?

MarketClub looks at technical strength and momentum to determine if the timing is right for QSD.U20.

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

NYMEX_QSD.U20
Open High Low QSD.U20 Price Change
4.821 4.821 4.821 4.821 0.000
Entry Signal

MarketClub’s Trade Triangles for QSD.U20

long term down The long-term trend has been DOWN since at

intermediate term down The intermediate-term trend has been DOWN since at

short term down The short-term trend has been DOWN since at

Smart Scan Analysis for QSD.U20

Based on our trend formula, QSD.U20 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for QSD.U20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.821 4.821 4.821 4.821 0.000
Prev. Close Volume Bid Ask Time
4.821 0 2020-09-18 00:00:00
Volatility87.02Expiration2020-09-30
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