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Future Trend Analysis Report

Prepared for you on Saturday, May 21, 2022.

MIDDLE EAST GASOIL FOB ARAB GULF NOVEMBER 2022 (NYMEX:QMPE.X22)

Bear Market Rally (-75) - QMPE.X22 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on QMPE.X22 as it may be in the beginning of a reversal.

Is it time to buy, sell, or avoid QMPE.X22?

MarketClub looks at technical strength and momentum to determine if the timing is right for QMPE.X22.

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

NYMEX_QMPE.X22
Open High Low QMPE.X22 Price Change
113.004 113.004 113.004 113.004 0.000
Entry Signal

MarketClub’s Trade Triangles for QMPE.X22

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.X22

Based on our trend formula, QMPE.X22 is rated as a -80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-80
Smart Scan Analysis for QMPE.X22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
113.004 113.004 113.004 113.004 0.000
Prev. Close Volume Bid Ask Time
113.004 0 2022-05-19 00:00:00
Volatility39.1Expiration2022-11-30
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