Future Trend Analysis Report
Prepared for you on Friday, July 1, 2022.
GROUP THREE ULSD (PLATTS) JUNE 2022 (NYMEX:QA7.M22)
Long-Term Uptrend (+90) - QA7.M22 is in a strong uptrend that is likely to continue. While QA7.M22 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 QA7.M22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QA7.M22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QA7.M22
The long-term trend has been UP since Sep 27th, 2021 at 2.1363
The intermediate-term trend has been UP since Sep 2nd, 2021 at 2.0729
The short-term trend has been UP since Sep 10th, 2021 at 2.0766
Smart Scan Analysis for QA7.M22
Based on our trend formula, QA7.M22 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).