Future Trend Analysis Report
Prepared for you on Saturday, December 4, 2021.
EUROPEAN LOW SULPHUR GASOIL 100MT BULLET Nov 2022 (NYMEX:QGLI.X22)
Bull Market Weakness (+75) - QGLI.X22 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on QGLI.X22 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid QGLI.X22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QGLI.X22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QGLI.X22
The long-term trend has been UP since Sep 20th, 2021 at 592.00
The intermediate-term trend has been UP since Aug 27th, 2021 at 575.25
The short-term trend has been UP since Sep 2nd, 2021 at 580.50
Smart Scan Analysis for QGLI.X22
Based on our trend formula, QGLI.X22 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).