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Future Trend Analysis Report

Prepared for you on Friday, December 3, 2021.

SINGAPORE GASOIL VS MARINE FUEL 0.5% JUNE 2023 (NYMEX:QGMS.M23)

Sidelines Mode (+55) - QGMS.M23 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid QGMS.M23?

MarketClub looks at technical strength and momentum to determine if the timing is right for QGMS.M23.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NYMEX_QGMS.M23
Open High Low QGMS.M23 Price Change
74.585 74.585 74.585 74.585 0.000
Entry Signal

MarketClub’s Trade Triangles for QGMS.M23

long term up The long-term trend has been UP since Apr 26th, 2021 at 62.329

intermediate term up The intermediate-term trend has been UP since Aug 25th, 2021 at 73.405

short term down The short-term trend has been DOWN since Sep 8th, 2021 at 76.007

Smart Scan Analysis for QGMS.M23

Based on our trend formula, QGMS.M23 is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for QGMS.M23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
74.585 74.585 74.585 74.585 0.000
Prev. Close Volume Bid Ask Time
81.949 0 2021-12-01 00:00:00
Volatility84.54Expiration2023-06-30
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