Futopt Trend Analysis Report
Prepared for you on Wednesday, May 25, 2022.
NY HARBOR ULSD AUGUST 2022 PUT 24000 (NYMEX:QHO.Q22.24000P)
Strong Downtrend (-100) - QHO.Q22.24000P is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, QHO.Q22.24000P continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid QHO.Q22.24000P?
MarketClub looks at technical strength and momentum to determine if the timing is right for QHO.Q22.24000P.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QHO.Q22.24000P
The long-term trend has been DOWN since at
The intermediate-term trend has been DOWN since at
The short-term trend has been DOWN since at
Smart Scan Analysis for QHO.Q22.24000P
Based on our trend formula, QHO.Q22.24000P is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).