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Spread Trend Analysis Report

Prepared for you on Friday, April 23, 2021.

3.5% FUEL OIL BARGES FOB RDAM CRCK SPRD APR 21/JUN 21 (NYMEX:QFO.J21-QFO.M21)

Long-Term Downtrend (-90) - QFO.J21-QFO.M21 is in a strong downtrend that is likely to continue. While QFO.J21-QFO.M21 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.J21-QFO.M21?

MarketClub looks at technical strength and momentum to determine if the timing is right for QFO.J21-QFO.M21.

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

NYMEX_QFO.J21-QFO.M21
Open High Low QFO.J21-QFO.M21 Price Change
-1.22 -1.22 -1.22 -1.22 0
Entry Signal

MarketClub’s Trade Triangles for QFO.J21-QFO.M21

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.J21-QFO.M21

Based on our trend formula, QFO.J21-QFO.M21 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for QFO.J21-QFO.M21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
-1.22 -1.22 -1.22 -1.22 0
Prev. Close Volume Bid Ask Time
-1.22 0 2021-04-21 00:00:00
Expiration2021-04-30
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