Free Daily Analysis

Future Trend Analysis Report

Prepared for you on Thursday, May 26, 2022.

GULF COAST ULSD (PLATTS) Apr 2024 (NYMEX:QLY.J24)

Sidelines Mode (+50) - QLY.J24 is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until QLY.J24 can gain momentum.

Is it time to buy, sell, or avoid QLY.J24?

MarketClub looks at technical strength and momentum to determine if the timing is right for QLY.J24.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NYMEX_QLY.J24
Open High Low QLY.J24 Price Change
2.7166 2.7166 2.7166 2.7166 0.0000
Entry Signal

MarketClub’s Trade Triangles for QLY.J24

long term down The long-term trend has been DOWN since Aug 20th, 2021 at 1.8060

intermediate term up The intermediate-term trend has been UP since Sep 2nd, 2021 at 1.9408

short term up The short-term trend has been UP since Sep 10th, 2021 at 1.9361

Smart Scan Analysis for QLY.J24

Based on our trend formula, QLY.J24 is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+50
Smart Scan Analysis for QLY.J24
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.7166 2.7166 2.7166 2.7166 0.0000
Prev. Close Volume Bid Ask Time
2.7166 0 2022-05-25 00:00:00
Volatility28.42Expiration2024-04-30
Get a free daily analysis and signals for GULF COAST ULSD (PLATTS) Apr 2024 (QLY.J24) - Request Your Free Report.