Future Trend Analysis Report
Prepared for you on Wednesday, December 8, 2021.
EUROPEAN LOW SULPHUR GASOIL 100MT BULLET APRIL 2023 (NYMEX:QGLI.J23)
Countertrend Up (+85) - QGLI.J23 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 QGLI.J23?
MarketClub looks at technical strength and momentum to determine if the timing is right for QGLI.J23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QGLI.J23
The long-term trend has been UP since Sep 15th, 2021 at 583.50
The intermediate-term trend has been UP since Aug 27th, 2021 at 567.25
The short-term trend has been UP since Sep 28th, 2021 at 595.75
Smart Scan Analysis for QGLI.J23
Based on our trend formula, QGLI.J23 is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).