Future Trend Analysis Report
Prepared for you on Saturday, May 28, 2022.
GULF COAST UNL87 GASOLINE M2 (PLATTS) MAY 2023 (NYMEX:QGCM.K23)
Sidelines Mode (+50) - QGCM.K23 is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until QGCM.K23 can gain momentum.
Is it time to buy, sell, or avoid QGCM.K23?
MarketClub looks at technical strength and momentum to determine if the timing is right for QGCM.K23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QGCM.K23
The long-term trend has been DOWN since Aug 20th, 2021 at 1.8149
The intermediate-term trend has been UP since Aug 25th, 2021 at 1.9398
The short-term trend has been UP since Sep 10th, 2021 at 1.9379
Smart Scan Analysis for QGCM.K23
Based on our trend formula, QGCM.K23 is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).