Future Trend Analysis Report
Prepared for you on Thursday, August 18, 2022.
RBOB CRACK SPREAD Jun 2024 (NYMEX:QARE.M24)
Strong Downtrend (-100) - QARE.M24 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, QARE.M24 continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid QARE.M24?
MarketClub looks at technical strength and momentum to determine if the timing is right for QARE.M24.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QARE.M24
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 QARE.M24
Based on our trend formula, QARE.M24 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).