Free Daily Analysis

Future Trend Analysis Report

Prepared for you on Wednesday, August 10, 2022.

GULF COAST ULSD (ARGUS) MAY 2024 (NYMEX:QAJ.K24)

Sidelines Mode (+55) - QAJ.K24 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid QAJ.K24?

MarketClub looks at technical strength and momentum to determine if the timing is right for QAJ.K24.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NYMEX_QAJ.K24
Open High Low QAJ.K24 Price Change
2.616 2.616 2.616 2.616 0.000
Entry Signal

MarketClub’s Trade Triangles for QAJ.K24

long term up The long-term trend has been UP since Sep 17th, 2021 at 1.9529

intermediate term up The intermediate-term trend has been UP since Aug 25th, 2021 at 1.9274

short term down The short-term trend has been DOWN since Sep 22nd, 2021 at 1.9290

Smart Scan Analysis for QAJ.K24

Based on our trend formula, QAJ.K24 is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for QAJ.K24
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.616 2.616 2.616 2.616 0.000
Prev. Close Volume Bid Ask Time
2.616 0 2022-08-09 00:00:00
Volatility26.32Expiration2024-05-31
Get a free daily analysis and signals for GULF COAST ULSD (ARGUS) MAY 2024 (QAJ.K24) - Request Your Free Report.