Future Trend Analysis Report
Prepared for you on Monday, November 29, 2021.
MICRO GASOIL 0.1% BARGES FOB ARA PLATTS Nov 2021 (NYMEX:QM1B.X21)
Countertrend Up (+85) - QM1B.X21 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.X21?
MarketClub looks at technical strength and momentum to determine if the timing is right for QM1B.X21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QM1B.X21
The long-term trend has been UP since Sep 22nd, 2021 at 599.057
The intermediate-term trend has been UP since Aug 30th, 2021 at 580.545
The short-term trend has been UP since Sep 2nd, 2021 at 584.545
Smart Scan Analysis for QM1B.X21
Based on our trend formula, QM1B.X21 is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).