Free Daily Analysis

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.

NYMEX_QA8.V21
Open High Low QA8.V21 Price Change
-0.1022 -0.1022 -0.1022 -0.1022 0
Entry Signal

MarketClub’s Trade Triangles for QA8.V21

long term down The long-term trend has been DOWN since Oct 4th, 2021 at -0.015

intermediate term down The intermediate-term trend has been DOWN since Sep 8th, 2021 at 0.035

short term down 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).

-90
Smart Scan Analysis for QA8.V21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
-0.1022 -0.1022 -0.1022 -0.1022 0
Prev. Close Volume Bid Ask Time
-0.1022 0 2021-10-21 00:00:00
Volatility504.67Expiration2021-10-29
Get a free daily analysis and signals for GRP 3 SUB-OCTANE GAS (PLATTS) VS RBOB Oct 2021 (QA8.V21) - Request Your Free Report.