Future Trend Analysis Report
Prepared for you on Monday, December 6, 2021.
GROUP 3 ULSD (PLATTS) VS NY ULSD NOVEMBER 2021 (NYMEX:QA6.X21)
Bull Market Weakness (+75) - QA6.X21 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on QA6.X21 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid QA6.X21?
MarketClub looks at technical strength and momentum to determine if the timing is right for QA6.X21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QA6.X21
The long-term trend has been DOWN since Jul 28th, 2021 at 0.0050
The intermediate-term trend has been UP since Aug 31st, 2021 at 0.0025
The short-term trend has been UP since Sep 28th, 2021 at 0.0015
Smart Scan Analysis for QA6.X21
Based on our trend formula, QA6.X21 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).