Future Trend Analysis Report
Prepared for you on Saturday, October 1, 2022.
EUROPEAN LOW SUL GASOIL BULLET OCTOBER 2022 (NYMEX:QBG.V22)
Countertrend Up (+85) - QBG.V22 is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid QBG.V22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QBG.V22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QBG.V22
The long-term trend has been UP since Sep 15th, 2021 at 594.50
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 582.75
Smart Scan Analysis for QBG.V22
Based on our trend formula, QBG.V22 is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).