Future Trend Analysis Report
Prepared for you on Monday, November 29, 2021.
GC ULSD (PLATTS) CRACK SPREAD AUGUST 2022 (NYMEX:QGY.Q22)
Sidelines Mode (+50) - QGY.Q22 is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until QGY.Q22 can gain momentum.
Is it time to buy, sell, or avoid QGY.Q22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QGY.Q22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QGY.Q22
The long-term trend has been DOWN since Aug 20th, 2021 at 18.88
The intermediate-term trend has been UP since Sep 28th, 2021 at 20.00
The short-term trend has been UP since Sep 16th, 2021 at 19.67
Smart Scan Analysis for QGY.Q22
Based on our trend formula, QGY.Q22 is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).