Future Trend Analysis Report
Prepared for you on Thursday, May 26, 2022.
MINI SINGAPORE GASOIL 500 PPM (PLATTS) AUGUST 2024 (NYMEX:QMGO.Q24)
Long-Term Downtrend (-90) - QMGO.Q24 is in a strong downtrend that is likely to continue. While QMGO.Q24 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 QMGO.Q24?
MarketClub looks at technical strength and momentum to determine if the timing is right for QMGO.Q24.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QMGO.Q24
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 QMGO.Q24
Based on our trend formula, QMGO.Q24 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).