Future Trend Analysis Report
Prepared for you on Saturday, October 16, 2021.
NY ULSD ARGUS VS NY HARBOR ULSD SPREAD OCTOBER 2021 (NYMEX:Q7Y.V21)
Long-Term Uptrend (+90) - Q7Y.V21 is in a strong uptrend that is likely to continue. While Q7Y.V21 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.V21?
MarketClub looks at technical strength and momentum to determine if the timing is right for Q7Y.V21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for Q7Y.V21
The long-term trend has been UP since May 1st, 2020 at 0.0045
The intermediate-term trend has been UP since Aug 25th, 2021 at 0.0005
The short-term trend has been UP since Oct 4th, 2021 at 0.0015
Smart Scan Analysis for Q7Y.V21
Based on our trend formula, Q7Y.V21 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).