Future Trend Analysis Report
Prepared for you on Wednesday, May 25, 2022.
GULF COAST UNL87 GASOLINE M2 (PLATTS) Sep 2023 (NYMEX:QGCM.U23)
Bull Market Weakness (+75) - QGCM.U23 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on QGCM.U23 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid QGCM.U23?
MarketClub looks at technical strength and momentum to determine if the timing is right for QGCM.U23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QGCM.U23
The long-term trend has been UP since Sep 29th, 2021 at 1.8682
The intermediate-term trend has been UP since Aug 25th, 2021 at 1.8042
The short-term trend has been UP since Sep 10th, 2021 at 1.8071
Smart Scan Analysis for QGCM.U23
Based on our trend formula, QGCM.U23 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).