Future Trend Analysis Report
Prepared for you on Wednesday, September 28, 2022.
CHICAGO UNLEADED GASOLINE (PLATTS) Sep 2022 (NYMEX:Q2C.U22)
Bull Market Weakness (+75) - Q2C.U22 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on Q2C.U22 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid Q2C.U22?
MarketClub looks at technical strength and momentum to determine if the timing is right for Q2C.U22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for Q2C.U22
The long-term trend has been DOWN since Aug 20th, 2021 at 1.7216
The intermediate-term trend has been UP since Sep 2nd, 2021 at 1.8893
The short-term trend has been UP since Sep 10th, 2021 at 1.9017
Smart Scan Analysis for Q2C.U22
Based on our trend formula, Q2C.U22 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).