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Spread Trend Analysis Report

Prepared for you on Sunday, August 14, 2022.

3.5% FUEL OIL BARGES FOB RDAM CRCK SPRD AUG 22/OCT 22 (NYMEX:QFO.Q22-QFO.V22)

Long-Term Downtrend (-90) - QFO.Q22-QFO.V22 is in a strong downtrend that is likely to continue. While QFO.Q22-QFO.V22 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.Q22-QFO.V22?

MarketClub looks at technical strength and momentum to determine if the timing is right for QFO.Q22-QFO.V22.

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

NYMEX_QFO.Q22-QFO.V22
Open High Low QFO.Q22-QFO.V22 Price Change
-2.97 -2.97 -2.97 -2.97 +0.29
Entry Signal

MarketClub’s Trade Triangles for QFO.Q22-QFO.V22

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.V22

Based on our trend formula, QFO.Q22-QFO.V22 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for QFO.Q22-QFO.V22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
-2.97 -2.97 -2.97 -2.97 +0.29
Prev. Close Volume Bid Ask Time
-3.26 0 2022-08-11 00:00:00
Expiration2022-08-31
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