Future Trend Analysis Report
Prepared for you on Saturday, December 4, 2021.
GC ULSD (PLATTS) CRACK SPREAD NOVEMBER 2021 (NYMEX:QGY.X21)
Long-Term Downtrend (-90) - QGY.X21 is in a strong downtrend that is likely to continue. While QGY.X21 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid QGY.X21?
MarketClub looks at technical strength and momentum to determine if the timing is right for QGY.X21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QGY.X21
The long-term trend has been DOWN since Aug 20th, 2021 at 16.27
The intermediate-term trend has been DOWN since Sep 23rd, 2021 at 18.11
The short-term trend has been DOWN since Sep 23rd, 2021 at 18.11
Smart Scan Analysis for QGY.X21
Based on our trend formula, QGY.X21 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).