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Future Trend Analysis Report

Prepared for you on Saturday, December 4, 2021.

ULSD 10PPM CIF MED VS. ICE GASOIL Aug 2022 (NYMEX:QZ7.Q22)

Long-Term Downtrend (-90) - QZ7.Q22 is in a strong downtrend that is likely to continue. While QZ7.Q22 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid QZ7.Q22?

MarketClub looks at technical strength and momentum to determine if the timing is right for QZ7.Q22.

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

NYMEX_QZ7.Q22
Open High Low QZ7.Q22 Price Change
5.75 5.75 5.75 5.75 0.00
Entry Signal

MarketClub’s Trade Triangles for QZ7.Q22

long term down The long-term trend has been DOWN since Jun 23rd, 2021 at 6.250

intermediate term down The intermediate-term trend has been DOWN since Aug 31st, 2021 at 6.188

short term down The short-term trend has been DOWN since Aug 26th, 2021 at 6.333

Smart Scan Analysis for QZ7.Q22

Based on our trend formula, QZ7.Q22 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for QZ7.Q22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
5.75 5.75 5.75 5.75 0.00
Prev. Close Volume Bid Ask Time
5.75 0 2021-12-02 00:00:00
Volatility18.02Expiration2022-08-31
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