Future Trend Analysis Report
Prepared for you on Friday, June 9, 2023.
HEATING OIL CAL SPREAD 1 MO JUNE 2023 (NYMEX:QGHY.M23)
Weak Downtrend (-65) - QGHY.M23 is showing signs of a strengthening downtrend. Monitor QGHY.M23 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid QGHY.M23?
MarketClub looks at technical strength and momentum to determine if the timing is right for QGHY.M23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QGHY.M23
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 QGHY.M23
Based on our trend formula, QGHY.M23 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).