Future Trend Analysis Report
Prepared for you on Tuesday, December 7, 2021.
RBOB CRACK SPREAD May 2023 (NYMEX:QARE.K23)
Crossroads (-60) - QARE.K23 is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid QARE.K23?
MarketClub looks at technical strength and momentum to determine if the timing is right for QARE.K23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QARE.K23
The long-term trend has been DOWN since Aug 16th, 2021 at 22.18
The intermediate-term trend has been UP since Oct 5th, 2021 at 22.92
The short-term trend has been UP since Oct 5th, 2021 at 22.85
Smart Scan Analysis for QARE.K23
Based on our trend formula, QARE.K23 is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).