Free Daily Analysis

Future Trend Analysis Report

Prepared for you on Friday, May 27, 2022.

MICRO GASOIL 0.1% BARGES FOB ARA PLATTS MAY 2022 (NYMEX:QM1B.K22)

Countertrend Up (+85) - QM1B.K22 is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

Is it time to buy, sell, or avoid QM1B.K22?

MarketClub looks at technical strength and momentum to determine if the timing is right for QM1B.K22.

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

NYMEX_QM1B.K22
Open High Low QM1B.K22 Price Change
1099.488 1099.488 1099.488 1099.488 0.000
Entry Signal

MarketClub’s Trade Triangles for QM1B.K22

long term up The long-term trend has been UP since Sep 16th, 2021 at 586.909

intermediate term up The intermediate-term trend has been UP since Aug 30th, 2021 at 567.477

short term up The short-term trend has been UP since Sep 28th, 2021 at 594.841

Smart Scan Analysis for QM1B.K22

Based on our trend formula, QM1B.K22 is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for QM1B.K22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1099.488 1099.488 1099.488 1099.488 0.000
Prev. Close Volume Bid Ask Time
1108.345 0 2022-05-26 00:00:00
Volatility58.69Expiration2022-05-31
Get a free daily analysis and signals for MICRO GASOIL 0.1% BARGES FOB ARA PLATTS MAY 2022 (QM1B.K22) - Request Your Free Report.