Future Trend Analysis Report
Prepared for you on Thursday, December 9, 2021.
SINGAPORE FUEL OIL SPREAD NOVEMBER 2021 (NYMEX:QSD.X21)
Bull Market Weakness (+75) - QSD.X21 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on QSD.X21 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid QSD.X21?
MarketClub looks at technical strength and momentum to determine if the timing is right for QSD.X21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QSD.X21
The long-term trend has been UP since Jul 19th, 2021 at 8.875
The intermediate-term trend has been UP since Aug 23rd, 2021 at 8.833
The short-term trend has been UP since Sep 7th, 2021 at 11.500
Smart Scan Analysis for QSD.X21
Based on our trend formula, QSD.X21 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).