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Future Trend Analysis Report

Prepared for you on Monday, May 29, 2023.

EUROPEAN LOW SUL GASOIL CRACK SPREAD May 2023 (NYMEX:QGZ.K23)

Bear Market Rally (-75) - QGZ.K23 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on QGZ.K23 as it may be in the beginning of a reversal.

Is it time to buy, sell, or avoid QGZ.K23?

MarketClub looks at technical strength and momentum to determine if the timing is right for QGZ.K23.

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

NYMEX_QGZ.K23
Open High Low QGZ.K23 Price Change
15.28 15.28 15.28 15.28 0.00
Entry Signal

MarketClub’s Trade Triangles for QGZ.K23

long term down The long-term trend has been DOWN since at

intermediate term down The intermediate-term trend has been DOWN since at

short term down The short-term trend has been DOWN since at

Smart Scan Analysis for QGZ.K23

Based on our trend formula, QGZ.K23 is rated as a -80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-80
Smart Scan Analysis for QGZ.K23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
15.28 15.28 15.28 15.28 0.00
Prev. Close Volume Bid Ask Time
15.28 0 2023-05-26 00:00:00
Volatility109.31Expiration2023-05-31
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