Future Trend Analysis Report
Prepared for you on Tuesday, August 16, 2022.
GULF COAST ULSD (PLATTS) Jul 2024 (NYMEX:QLY.N24)
Strong Uptrend (+100) - QLY.N24 is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, QLY.N24 continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid QLY.N24?
MarketClub looks at technical strength and momentum to determine if the timing is right for QLY.N24.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QLY.N24
The long-term trend has been UP since Aug 25th, 2021 at 1.9330
The intermediate-term trend has been UP since Aug 25th, 2021 at 1.9330
The short-term trend has been UP since Sep 10th, 2021 at 1.9285
Smart Scan Analysis for QLY.N24
Based on our trend formula, QLY.N24 is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).