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Future Trend Analysis Report

Prepared for you on Friday, July 1, 2022.

NY 1% FUEL OIL/ GULF COAST 3% FUEL OIL JUNE 2022 (NYMEX:QVR.M22)

Weak Uptrend (+65) - QVR.M22 is showing signs of weakening momentum to the upside. Monitor QVR.M22 as it may be in the beginning stages of a reversal.

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

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

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

NYMEX_QVR.M22
Open High Low QVR.M22 Price Change
11.993 11.993 11.993 11.993 0.000
Entry Signal

MarketClub’s Trade Triangles for QVR.M22

long term up The long-term trend has been UP since Sep 2nd, 2021 at 10.55

intermediate term up The intermediate-term trend has been UP since Aug 27th, 2021 at 10.15

short term down The short-term trend has been DOWN since Sep 14th, 2021 at 10.65

Smart Scan Analysis for QVR.M22

Based on our trend formula, QVR.M22 is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+65
Smart Scan Analysis for QVR.M22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
11.993 11.993 11.993 11.993 0.000
Prev. Close Volume Bid Ask Time
11.965 0 2022-06-29 00:00:00
Volatility126.73Expiration2022-06-30
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