Future Trend Analysis Report
Prepared for you on Thursday, June 30, 2022.
RBOB CRACK SPREAD Sep 2024 (NYMEX:QARE.U24)
Long-Term Downtrend (-90) - QARE.U24 is in a strong downtrend that is likely to continue. While QARE.U24 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid QARE.U24?
MarketClub looks at technical strength and momentum to determine if the timing is right for QARE.U24.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QARE.U24
The long-term trend has been DOWN since Aug 18th, 2021 at 15.05
The intermediate-term trend has been DOWN since Sep 22nd, 2021 at 16.86
The short-term trend has been DOWN since Sep 22nd, 2021 at 16.86
Smart Scan Analysis for QARE.U24
Based on our trend formula, QARE.U24 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).