Future Trend Analysis Report
Prepared for you on Saturday, May 28, 2022.
GASOLINE EUROBOB NON-OXY VS OXY MAY 2024 (NYMEX:QGES.K24)
Long-Term Uptrend (+90) - QGES.K24 is in a strong uptrend that is likely to continue. While QGES.K24 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 QGES.K24?
MarketClub looks at technical strength and momentum to determine if the timing is right for QGES.K24.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QGES.K24
The long-term trend has been UP since Aug 16th, 2021 at 7.500
The intermediate-term trend has been UP since Sep 22nd, 2021 at 8.607
The short-term trend has been UP since Sep 22nd, 2021 at 4.500
Smart Scan Analysis for QGES.K24
Based on our trend formula, QGES.K24 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).