Future Trend Analysis Report
Prepared for you on Thursday, October 28, 2021.
HEATING OIL CAL SPREAD 1 MO NOVEMBER 2021 (NYMEX:QGHY.X21)
Strong Uptrend (+100) - QGHY.X21 is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, QGHY.X21 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.X21?
MarketClub looks at technical strength and momentum to determine if the timing is right for QGHY.X21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QGHY.X21
The long-term trend has been UP since Feb 10th, 2021 at 0.0007
The intermediate-term trend has been UP since Aug 23rd, 2021 at 0.0027
The short-term trend has been UP since Oct 1st, 2021 at 0.0060
Smart Scan Analysis for QGHY.X21
Based on our trend formula, QGHY.X21 is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).