Future Trend Analysis Report
Prepared for you on Wednesday, June 29, 2022.
EUROPEAN LOW SULPHUR GASOIL 100MT BULLET Jun 2023 (NYMEX:GLI.M23)
Bull Market Weakness (+75) - GLI.M23 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on GLI.M23 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid GLI.M23?
MarketClub looks at technical strength and momentum to determine if the timing is right for GLI.M23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for GLI.M23
The long-term trend has been UP since Jun 7th, 2022 at 888.00
The intermediate-term trend has been UP since Jun 7th, 2022 at 888.00
The short-term trend has been UP since Jun 14th, 2022 at 978.25
Smart Scan Analysis for GLI.M23
Based on our trend formula, GLI.M23 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).