Free Daily Analysis

Future Trend Analysis Report

Prepared for you on Thursday, June 30, 2022.

EAST/WEST FUEL OIL SPREAD Jun 2023 (NYMEX:FEW.M23)

Bear Market Rally (-75) - FEW.M23 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on FEW.M23 as it may be in the beginning of a reversal.

Is it time to buy, sell, or avoid FEW.M23?

MarketClub looks at technical strength and momentum to determine if the timing is right for FEW.M23.

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

NYMEX_FEW.M23
Open High Low FEW.M23 Price Change
44.5 44.5 44.5 44.5 0.0
Entry Signal

MarketClub’s Trade Triangles for FEW.M23

long term down The long-term trend has been DOWN since Apr 7th, 2021 at 29.755

intermediate term down The intermediate-term trend has been DOWN since Sep 2nd, 2021 at 29.670

short term up The short-term trend has been UP since Sep 10th, 2021 at 30.250

Smart Scan Analysis for FEW.M23

Based on our trend formula, FEW.M23 is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for FEW.M23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
44.5 44.5 44.5 44.5 0.0
Prev. Close Volume Bid Ask Time
44.5 0 2022-06-29 00:00:00
Volatility88.66Expiration2023-06-30
Get a free daily analysis and signals for EAST/WEST FUEL OIL SPREAD Jun 2023 (FEW.M23) - Request Your Free Report.