Future Trend Analysis Report
Prepared for you on Friday, May 27, 2022.
MICRO GASOIL 0.1% BARGES FOB ARA PLATTS DECEMBER 2022 (NYMEX:QM1B.Z22)
Countertrend Up (+85) - QM1B.Z22 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.Z22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QM1B.Z22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QM1B.Z22
The long-term trend has been UP since Sep 27th, 2021 at 577.750
The intermediate-term trend has been UP since Aug 27th, 2021 at 560.250
The short-term trend has been UP since Sep 2nd, 2021 at 566.167
Smart Scan Analysis for QM1B.Z22
Based on our trend formula, QM1B.Z22 is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).