Future Trend Analysis Report
Prepared for you on Tuesday, June 28, 2022.
NY HARBOR ULSD BULLET JULY 2022 (NYMEX:QBH.N22)
Long-Term Uptrend (+90) - QBH.N22 is in a strong uptrend that is likely to continue. While QBH.N22 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 QBH.N22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QBH.N22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QBH.N22
The long-term trend has been UP since Sep 30th, 2021 at 2.1213
The intermediate-term trend has been UP since Sep 2nd, 2021 at 2.0579
The short-term trend has been UP since Sep 10th, 2021 at 2.0616
Smart Scan Analysis for QBH.N22
Based on our trend formula, QBH.N22 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).