Future Trend Analysis Report
Prepared for you on Saturday, January 22, 2022.
HEATING OIL CAL SPREAD 1 MO FEBRUARY 2022 (NYMEX:QGHY.G22)
Strong Uptrend (+100) - QGHY.G22 is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, QGHY.G22 continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid QGHY.G22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QGHY.G22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QGHY.G22
The long-term trend has been UP since Dec 2nd, 2020 at 0.0007
The intermediate-term trend has been UP since Aug 30th, 2021 at 0.0120
The short-term trend has been UP since Aug 19th, 2021 at 0.0094
Smart Scan Analysis for QGHY.G22
Based on our trend formula, QGHY.G22 is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).