Future Trend Analysis Report
Prepared for you on Tuesday, December 7, 2021.
NY ULSD ARGUS VS NY HARBOR ULSD SPREAD Jun 2024 (NYMEX:Q7Y.M24)
Countertrend Up (+85) - Q7Y.M24 is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid Q7Y.M24?
MarketClub looks at technical strength and momentum to determine if the timing is right for Q7Y.M24.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for Q7Y.M24
The long-term trend has been UP since Aug 30th, 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 21st, 2021 at 0.0005
Smart Scan Analysis for Q7Y.M24
Based on our trend formula, Q7Y.M24 is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).