Future Trend Analysis Report
Prepared for you on Monday, October 18, 2021.
EDMONTON C5+ CONDENSATE INDEX Nov 2021 (NYMEX:QCC5.X21)
Long-Term Uptrend (+90) - QCC5.X21 is in a strong uptrend that is likely to continue. While QCC5.X21 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 QCC5.X21?
MarketClub looks at technical strength and momentum to determine if the timing is right for QCC5.X21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QCC5.X21
The long-term trend has been UP since Jul 19th, 2021 at 0.3
The intermediate-term trend has been UP since Sep 8th, 2021 at 1.5
The short-term trend has been UP since Aug 27th, 2021 at 1.0
Smart Scan Analysis for QCC5.X21
Based on our trend formula, QCC5.X21 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).