Futopt Trend Analysis Report
Prepared for you on Friday, May 20, 2022.
NY HARBOR ULSD AUGUST 2022 PUT 35500 (NYMEX:QHO.Q22.35500P)
Long-Term Downtrend (-90) - QHO.Q22.35500P is in a strong downtrend that is likely to continue. While QHO.Q22.35500P 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 QHO.Q22.35500P?
MarketClub looks at technical strength and momentum to determine if the timing is right for QHO.Q22.35500P.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QHO.Q22.35500P
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.Q22.35500P
Based on our trend formula, QHO.Q22.35500P is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).