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Prepared for you on Thursday, January 27, 2022.

NY 1% FUEL OIL/ GULF COAST 3% FUEL OIL MAY 22/DEC 22 (NYMEX:QVR.K22-QVR.Z22)

Long-Term Downtrend (-90) - QVR.K22-QVR.Z22 is in a strong downtrend that is likely to continue. While QVR.K22-QVR.Z22 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 QVR.K22-QVR.Z22?

MarketClub looks at technical strength and momentum to determine if the timing is right for QVR.K22-QVR.Z22.

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

NYMEX_QVR.K22-QVR.Z22
Open High Low QVR.K22-QVR.Z22 Price Change
-0.525 -0.525 -0.525 -0.525 0
Entry Signal

MarketClub’s Trade Triangles for QVR.K22-QVR.Z22

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 QVR.K22-QVR.Z22

Based on our trend formula, QVR.K22-QVR.Z22 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for QVR.K22-QVR.Z22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
-0.525 -0.525 -0.525 -0.525 0
Prev. Close Volume Bid Ask Time
-0.525 0 2022-01-26 00:00:00
Expiration2022-05-31
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