Future Trend Analysis Report
Prepared for you on Thursday, June 30, 2022.
GULF COAST UNL87 GASOLINE M2 (PLATTS) JUNE 2024 (NYMEX:QGCM.M24)
Sidelines Mode (+50) - QGCM.M24 is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until QGCM.M24 can gain momentum.
Is it time to buy, sell, or avoid QGCM.M24?
MarketClub looks at technical strength and momentum to determine if the timing is right for QGCM.M24.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QGCM.M24
The long-term trend has been DOWN since Jul 6th, 2021 at 1.9232
The intermediate-term trend has been UP since Aug 25th, 2021 at 1.8875
The short-term trend has been UP since Sep 10th, 2021 at 1.8958
Smart Scan Analysis for QGCM.M24
Based on our trend formula, QGCM.M24 is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).