Future Trend Analysis Report
Prepared for you on Wednesday, December 8, 2021.
EUROPEAN LOW SULPHUR GASOIL 100MT BULLET May 2022 (NYMEX:QGLI.K22)
Countertrend Up (+85) - QGLI.K22 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.K22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QGLI.K22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QGLI.K22
The long-term trend has been UP since Sep 17th, 2021 at 598.75
The intermediate-term trend has been UP since Aug 30th, 2021 at 580.25
The short-term trend has been UP since Sep 2nd, 2021 at 584.75
Smart Scan Analysis for QGLI.K22
Based on our trend formula, QGLI.K22 is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).