Future Trend Analysis Report
Prepared for you on Monday, November 29, 2021.
GULF COAST UNL87 GASOLINE M2 (PLATTS) NOVEMBER 2021 (NYMEX:QGCM.X21)
Countertrend Up (+85) - QGCM.X21 is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid QGCM.X21?
MarketClub looks at technical strength and momentum to determine if the timing is right for QGCM.X21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QGCM.X21
The long-term trend has been UP since Sep 17th, 2021 at 2.0803
The intermediate-term trend has been UP since Sep 2nd, 2021 at 2.0255
The short-term trend has been UP since Sep 10th, 2021 at 2.0141
Smart Scan Analysis for QGCM.X21
Based on our trend formula, QGCM.X21 is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).