Future Trend Analysis Report
Prepared for you on Sunday, December 5, 2021.
EUROPEAN LOW SULPHUR GASOIL 100MT BULLET DECEMBER 2021 (NYMEX:QGLI.Z21)
Bull Market Weakness (+75) - QGLI.Z21 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on QGLI.Z21 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid QGLI.Z21?
MarketClub looks at technical strength and momentum to determine if the timing is right for QGLI.Z21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QGLI.Z21
The long-term trend has been UP since Sep 16th, 2021 at 609.25
The intermediate-term trend has been UP since Aug 30th, 2021 at 591.25
The short-term trend has been UP since Sep 2nd, 2021 at 595.50
Smart Scan Analysis for QGLI.Z21
Based on our trend formula, QGLI.Z21 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).