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Future Trend Analysis Report

Prepared for you on Wednesday, December 7, 2022.

ULSD 10PPM CIF MED VS. ICE GASOIL DECEMBER 2022 (NYMEX:QZ7.Z22)

Sidelines Mode (+55) - QZ7.Z22 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid QZ7.Z22?

MarketClub looks at technical strength and momentum to determine if the timing is right for QZ7.Z22.

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

NYMEX_QZ7.Z22
Open High Low QZ7.Z22 Price Change
23.033 23.033 23.033 23.033 0.000
Entry Signal

MarketClub’s Trade Triangles for QZ7.Z22

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 5.875

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

Smart Scan Analysis for QZ7.Z22

Based on our trend formula, QZ7.Z22 is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for QZ7.Z22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
23.033 23.033 23.033 23.033 0.000
Prev. Close Volume Bid Ask Time
23.899 0 2022-12-05 00:00:00
Volatility178.08Expiration2022-12-30
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