Future Trend Analysis Report
Prepared for you on Tuesday, June 28, 2022.
HEATING OIL CAL SPREAD 1 MO JULY 2022 (NYMEX:QGHY.N22)
Bear Market Rally (-75) - QGHY.N22 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on QGHY.N22 as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid QGHY.N22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QGHY.N22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QGHY.N22
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.N22
Based on our trend formula, QGHY.N22 is rated as a -80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).