Future Trend Analysis Report
Prepared for you on Friday, January 21, 2022.
NY ULSD ARGUS VS NY HARBOR ULSD SPREAD Jan 2022 (NYMEX:Q7Y.F22)
Long-Term Uptrend (+90) - Q7Y.F22 is in a strong uptrend that is likely to continue. While Q7Y.F22 is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid Q7Y.F22?
MarketClub looks at technical strength and momentum to determine if the timing is right for Q7Y.F22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for Q7Y.F22
The long-term trend has been UP since Jan 28th, 2021 at 0.0010
The intermediate-term trend has been UP since Aug 30th, 2021 at 0.0010
The short-term trend has been UP since Sep 23rd, 2021 at 0.0005
Smart Scan Analysis for Q7Y.F22
Based on our trend formula, Q7Y.F22 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).