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Spread Trend Analysis Report

Prepared for you on Saturday, August 13, 2022.

3.5% FUEL OIL BARGES FOB RDAM CRCK SPRD AUG 22/MAR 23 (NYMEX:QFO.Q22-QFO.H23)

Strong Downtrend (-100) - QFO.Q22-QFO.H23 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, QFO.Q22-QFO.H23 continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid QFO.Q22-QFO.H23?

MarketClub looks at technical strength and momentum to determine if the timing is right for QFO.Q22-QFO.H23.

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

NYMEX_QFO.Q22-QFO.H23
Open High Low QFO.Q22-QFO.H23 Price Change
-7.94 -7.94 -7.94 -7.94 -0.36
Entry Signal

MarketClub’s Trade Triangles for QFO.Q22-QFO.H23

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.Q22-QFO.H23

Based on our trend formula, QFO.Q22-QFO.H23 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for QFO.Q22-QFO.H23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
-7.94 -7.94 -7.94 -7.94 -0.36
Prev. Close Volume Bid Ask Time
-7.58 0 2022-08-11 00:00:00
Expiration2022-08-31
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