Future Trend Analysis Report
Prepared for you on Friday, October 22, 2021.
GRP 3 SUB-OCTANE GAS (PLATTS) VS RBOB Oct 2021 (NYMEX:QA8.V21)
Long-Term Downtrend (-90) - QA8.V21 is in a strong downtrend that is likely to continue. While QA8.V21 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid QA8.V21?
MarketClub looks at technical strength and momentum to determine if the timing is right for QA8.V21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QA8.V21
The long-term trend has been DOWN since Oct 4th, 2021 at -0.015
The intermediate-term trend has been DOWN since Sep 8th, 2021 at 0.035
The short-term trend has been DOWN since Sep 8th, 2021 at 0.040
Smart Scan Analysis for QA8.V21
Based on our trend formula, QA8.V21 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).