Future Trend Analysis Report
Prepared for you on Monday, November 28, 2022.
MINI SINGAPORE GASOIL 500 PPM (PLATTS) Dec 2022 (NYMEX:QMGO.Z22)
Bull Market Weakness (+75) - QMGO.Z22 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on QMGO.Z22 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid QMGO.Z22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QMGO.Z22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QMGO.Z22
The long-term trend has been UP since Sep 17th, 2021 at 75.951
The intermediate-term trend has been UP since Aug 27th, 2021 at 73.334
The short-term trend has been UP since Sep 2nd, 2021 at 73.978
Smart Scan Analysis for QMGO.Z22
Based on our trend formula, QMGO.Z22 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).