Future Trend Analysis Report
Prepared for you on Wednesday, October 20, 2021.
NEW YORK ULSD OCTOBER 2021 (NYMEX:Q5Y.V21)
Strong Uptrend (+100) - Q5Y.V21 is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, Q5Y.V21 continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid Q5Y.V21?
MarketClub looks at technical strength and momentum to determine if the timing is right for Q5Y.V21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for Q5Y.V21
The long-term trend has been UP since Sep 17th, 2021 at 2.1948
The intermediate-term trend has been UP since Aug 30th, 2021 at 2.1168
The short-term trend has been UP since Sep 27th, 2021 at 2.2105
Smart Scan Analysis for Q5Y.V21
Based on our trend formula, Q5Y.V21 is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).