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Spread Trend Analysis Report

Prepared for you on Monday, January 17, 2022.

3.5% FUEL OIL BARGES FOB RDAM CRCK SPRD JUN 22/NOV 22 (NYMEX:QFO.M22-QFO.X22)

Strong Downtrend (-100) - QFO.M22-QFO.X22 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, QFO.M22-QFO.X22 continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid QFO.M22-QFO.X22?

MarketClub looks at technical strength and momentum to determine if the timing is right for QFO.M22-QFO.X22.

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

NYMEX_QFO.M22-QFO.X22
Open High Low QFO.M22-QFO.X22 Price Change
0.69 0.69 0.69 0.69 0.00
Entry Signal

MarketClub’s Trade Triangles for QFO.M22-QFO.X22

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.M22-QFO.X22

Based on our trend formula, QFO.M22-QFO.X22 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for QFO.M22-QFO.X22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.69 0.69 0.69 0.69 0.00
Prev. Close Volume Bid Ask Time
0.69 0 2022-01-13 00:00:00
Expiration2022-06-30
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