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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.

NYMEX_QGCM.K23
Open High Low QGCM.K23 Price Change
2.7469 2.7469 2.7469 2.7469 0.0000
Entry Signal

MarketClub’s Trade Triangles for QGCM.K23

long term down The long-term trend has been DOWN since Aug 20th, 2021 at 1.8149

intermediate term up The intermediate-term trend has been UP since Aug 25th, 2021 at 1.9398

short term up 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).

+50
Smart Scan Analysis for QGCM.K23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.7469 2.7469 2.7469 2.7469 0.0000
Prev. Close Volume Bid Ask Time
2.7966 0 2022-05-24 00:00:00
Volatility34.83Expiration2023-05-31
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