Future Trend Analysis Report
Prepared for you on Tuesday, October 26, 2021.
MINI SINGAPORE GASOIL 500 PPM (PLATTS) Oct 2021 (NYMEX:QMGO.V21)
Long-Term Uptrend (+90) - QMGO.V21 is in a strong uptrend that is likely to continue. While QMGO.V21 is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid QMGO.V21?
MarketClub looks at technical strength and momentum to determine if the timing is right for QMGO.V21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QMGO.V21
The long-term trend has been UP since Sep 17th, 2021 at 79.139
The intermediate-term trend has been UP since Aug 30th, 2021 at 76.353
The short-term trend has been UP since Sep 24th, 2021 at 79.745
Smart Scan Analysis for QMGO.V21
Based on our trend formula, QMGO.V21 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).