Future Trend Analysis Report
Prepared for you on Thursday, June 30, 2022.
EUROPEAN LOW SUL GASOIL BULLET JULY 2022 (NYMEX:QBG.N22)
Long-Term Uptrend (+90) - QBG.N22 is in a strong uptrend that is likely to continue. While QBG.N22 is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid QBG.N22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QBG.N22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QBG.N22
The long-term trend has been UP since Sep 16th, 2021 at 595.50
The intermediate-term trend has been UP since Aug 27th, 2021 at 577.50
The short-term trend has been UP since Sep 2nd, 2021 at 582.25
Smart Scan Analysis for QBG.N22
Based on our trend formula, QBG.N22 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).