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Future Trend Analysis Report

Prepared for you on Wednesday, October 4, 2023.

MIDDLE EAST GASOIL FOB ARAB GULF Sep 2023 (NYMEX:QMPE.U23)

Weak Downtrend (-65) - QMPE.U23 is showing signs of a strengthening downtrend. Monitor QMPE.U23 as it may be building momentum to the downside.

Is it time to buy, sell, or avoid QMPE.U23?

MarketClub looks at technical strength and momentum to determine if the timing is right for QMPE.U23.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NYMEX_QMPE.U23
Open High Low QMPE.U23 Price Change
121.647 121.647 121.647 121.647 0.000
Entry Signal

MarketClub’s Trade Triangles for QMPE.U23

long term down The long-term trend has been DOWN since at

intermediate term down The intermediate-term trend has been DOWN since at

short term down The short-term trend has been DOWN since at

Smart Scan Analysis for QMPE.U23

Based on our trend formula, QMPE.U23 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for QMPE.U23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
121.647 121.647 121.647 121.647 0.000
Prev. Close Volume Bid Ask Time
121.647 0 2023-10-03 00:00:00
Volatility28.29Expiration2023-09-29
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