Future Trend Analysis Report
Prepared for you on Saturday, May 28, 2022.
HEATING OIL CAL SPREAD 1 MO AUGUST 2024 (NYMEX:QGHY.Q24)
Weak Downtrend (-65) - QGHY.Q24 is showing signs of a strengthening downtrend. Monitor QGHY.Q24 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid QGHY.Q24?
MarketClub looks at technical strength and momentum to determine if the timing is right for QGHY.Q24.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QGHY.Q24
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.Q24
Based on our trend formula, QGHY.Q24 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).