Future Trend Analysis Report
Prepared for you on Wednesday, May 25, 2022.
EUROPEAN LOW SUL GASOIL CRACK SPREAD Jun 2028 (NYMEX:QGZ.M28)
Long-Term Downtrend (-90) - QGZ.M28 is in a strong downtrend that is likely to continue. While QGZ.M28 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid QGZ.M28?
MarketClub looks at technical strength and momentum to determine if the timing is right for QGZ.M28.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QGZ.M28
The long-term trend has been DOWN since at
The intermediate-term trend has been DOWN since at
The short-term trend has been DOWN since at
Smart Scan Analysis for QGZ.M28
Based on our trend formula, QGZ.M28 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).