Future Trend Analysis Report
Prepared for you on Wednesday, December 8, 2021.
LNG FREIGHT ROUTE BLNG2G (BALTIC) Sep 2022 (NYMEX:QBL2.U22)
Long-Term Uptrend (+90) - QBL2.U22 is in a strong uptrend that is likely to continue. While QBL2.U22 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 QBL2.U22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QBL2.U22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QBL2.U22
The long-term trend has been UP since Sep 3rd, 2021 at 55625
The intermediate-term trend has been UP since Sep 2nd, 2021 at 54750
The short-term trend has been UP since Aug 13th, 2021 at 54500
Smart Scan Analysis for QBL2.U22
Based on our trend formula, QBL2.U22 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).