Future Trend Analysis Report
Prepared for you on Monday, December 6, 2021.
EUROPEAN LOW SULPHUR GASOIL 100MT BULLET Mar 2023 (NYMEX:QGLI.H23)
Bull Market Weakness (+75) - QGLI.H23 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on QGLI.H23 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid QGLI.H23?
MarketClub looks at technical strength and momentum to determine if the timing is right for QGLI.H23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QGLI.H23
The long-term trend has been UP since Sep 2nd, 2021 at 585.50
The intermediate-term trend has been UP since Aug 27th, 2021 at 569.50
The short-term trend has been UP since Sep 27th, 2021 at 593.75
Smart Scan Analysis for QGLI.H23
Based on our trend formula, QGLI.H23 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).