Future Trend Analysis Report
Prepared for you on Saturday, October 23, 2021.
CHICAGO UNLEADED GASOLINE (PLATTS) OCTOBER 2021 (NYMEX:Q2C.V21)
Long-Term Uptrend (+90) - Q2C.V21 is in a strong uptrend that is likely to continue. While Q2C.V21 is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid Q2C.V21?
MarketClub looks at technical strength and momentum to determine if the timing is right for Q2C.V21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for Q2C.V21
The long-term trend has been UP since Sep 17th, 2021 at 2.1116
The intermediate-term trend has been UP since Sep 2nd, 2021 at 2.0586
The short-term trend has been UP since Sep 10th, 2021 at 2.0449
Smart Scan Analysis for Q2C.V21
Based on our trend formula, Q2C.V21 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).