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Spread Trend Analysis Report

Prepared for you on Monday, August 15, 2022.

3.5% FUEL OIL BARGES FOB RDAM CRCK SPRD FEB 23/MAY 23 (NYMEX:QFO.G23-QFO.K23)

Long-Term Downtrend (-90) - QFO.G23-QFO.K23 is in a strong downtrend that is likely to continue. While QFO.G23-QFO.K23 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 QFO.G23-QFO.K23?

MarketClub looks at technical strength and momentum to determine if the timing is right for QFO.G23-QFO.K23.

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

NYMEX_QFO.G23-QFO.K23
Open High Low QFO.G23-QFO.K23 Price Change
-1.77 -1.77 -1.77 -1.77 0
Entry Signal

MarketClub’s Trade Triangles for QFO.G23-QFO.K23

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 QFO.G23-QFO.K23

Based on our trend formula, QFO.G23-QFO.K23 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for QFO.G23-QFO.K23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
-1.77 -1.77 -1.77 -1.77 0
Prev. Close Volume Bid Ask Time
-1.77 0 2022-08-12 00:00:00
Expiration2023-02-28
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