Future Trend Analysis Report
Prepared for you on Monday, December 6, 2021.
LOW SULPHUR GASOIL (10MT) FINANCIAL SEPTEMBER 2023 (NYMEX:QMQA.U23)
Bull Market Weakness (+75) - QMQA.U23 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on QMQA.U23 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid QMQA.U23?
MarketClub looks at technical strength and momentum to determine if the timing is right for QMQA.U23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QMQA.U23
The long-term trend has been UP since Sep 2nd, 2021 at 573.000
The intermediate-term trend has been UP since Aug 25th, 2021 at 557.917
The short-term trend has been UP since Sep 2nd, 2021 at 565.250
Smart Scan Analysis for QMQA.U23
Based on our trend formula, QMQA.U23 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).