Future Trend Analysis Report
Prepared for you on Tuesday, December 7, 2021.
EUROPEAN LOW SULPHUR GASOIL 100MT BULLET Feb 2024 (NYMEX:QGLI.G24)
Bull Market Weakness (+75) - QGLI.G24 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on QGLI.G24 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid QGLI.G24?
MarketClub looks at technical strength and momentum to determine if the timing is right for QGLI.G24.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QGLI.G24
The long-term trend has been UP since Sep 16th, 2021 at 568.75
The intermediate-term trend has been UP since Aug 25th, 2021 at 551.50
The short-term trend has been UP since Sep 2nd, 2021 at 557.50
Smart Scan Analysis for QGLI.G24
Based on our trend formula, QGLI.G24 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).