Future Trend Analysis Report
Prepared for you on Monday, December 6, 2021.
SINGAPORE FUEL OIL SPREAD NOVEMBER 2024 (NYMEX:QSD.X24)
Countertrend Down (-85) - QSD.X24 is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid QSD.X24?
MarketClub looks at technical strength and momentum to determine if the timing is right for QSD.X24.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QSD.X24
The long-term trend has been DOWN since May 28th, 2021 at 13.000
The intermediate-term trend has been DOWN since May 28th, 2021 at 13.000
The short-term trend has been UP since Sep 28th, 2021 at 10.875
Smart Scan Analysis for QSD.X24
Based on our trend formula, QSD.X24 is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).