Future Trend Analysis Report
Prepared for you on Wednesday, September 28, 2022.
GULF COAST UNL87 GASOLINE M2 (PLATTS) SEPTEMBER 2022 (NYMEX:QGCM.U22)
Long-Term Uptrend (+90) - QGCM.U22 is in a strong uptrend that is likely to continue. While QGCM.U22 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 QGCM.U22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QGCM.U22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QGCM.U22
The long-term trend has been UP since Oct 4th, 2021 at 1.9837
The intermediate-term trend has been UP since Aug 30th, 2021 at 1.9393
The short-term trend has been UP since Sep 10th, 2021 at 1.9342
Smart Scan Analysis for QGCM.U22
Based on our trend formula, QGCM.U22 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).