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Future Trend Analysis Report

Prepared for you on Thursday, December 8, 2022.

ULSD 10PPM CIF MED VS. ICE GASOIL NOVEMBER 2022 (NYMEX:QZ7.X22)

Bear Market Rally (-75) - QZ7.X22 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on QZ7.X22 as it may be in the beginning of a reversal.

Is it time to buy, sell, or avoid QZ7.X22?

MarketClub looks at technical strength and momentum to determine if the timing is right for QZ7.X22.

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

NYMEX_QZ7.X22
Open High Low QZ7.X22 Price Change
54.17 54.17 54.17 54.17 0.00
Entry Signal

MarketClub’s Trade Triangles for QZ7.X22

long term down The long-term trend has been DOWN since May 6th, 2021 at 6.333

intermediate term up The intermediate-term trend has been UP since Jul 19th, 2021 at 5.750

short term down The short-term trend has been DOWN since Aug 31st, 2021 at 6.250

Smart Scan Analysis for QZ7.X22

Based on our trend formula, QZ7.X22 is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for QZ7.X22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
54.17 54.17 54.17 54.17 0.00
Prev. Close Volume Bid Ask Time
54.17 0 2022-12-01 00:00:00
Volatility151.1Expiration2022-11-30
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