Future Trend Analysis Report
Prepared for you on Friday, July 1, 2022.
CHICAGO UNLEADED GASOLINE (PLATTS) Oct 2023 (NYMEX:Q2C.V23)
Countertrend Up (+85) - Q2C.V23 is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid Q2C.V23?
MarketClub looks at technical strength and momentum to determine if the timing is right for Q2C.V23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for Q2C.V23
The long-term trend has been UP since Oct 5th, 2021 at 1.7850
The intermediate-term trend has been UP since Aug 25th, 2021 at 1.7135
The short-term trend has been UP since Sep 10th, 2021 at 1.7341
Smart Scan Analysis for Q2C.V23
Based on our trend formula, Q2C.V23 is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).