Free Daily Analysis

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.

NYMEX_QGHY.N22
Open High Low QGHY.N22 Price Change
0.1181 0.1181 0.1181 0.1181 0.0000
Entry Signal

MarketClub’s Trade Triangles for QGHY.N22

long term down The long-term trend has been DOWN since at

intermediate term down The intermediate-term trend has been DOWN since at

short term down 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).

-80
Smart Scan Analysis for QGHY.N22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.1181 0.1181 0.1181 0.1181 0.0000
Prev. Close Volume Bid Ask Time
0.1181 0 2022-06-27 00:00:00
Volatility301.91Expiration2022-06-29
Get a free daily analysis and signals for HEATING OIL CAL SPREAD 1 MO JULY 2022 (QGHY.N22) - Request Your Free Report.