Future Trend Analysis Report
Prepared for you on Saturday, May 28, 2022.
NYH ULSD (E-MINI) Jun 2022 (NYMEX:QH.M22)
Long-Term Downtrend (-90) - QH.M22 is in a strong downtrend that is likely to continue. While QH.M22 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid QH.M22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QH.M22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QH.M22
The long-term trend has been DOWN since May 9th, 2022 at 4.017
The intermediate-term trend has been DOWN since May 9th, 2022 at 4.017
The short-term trend has been DOWN since May 17th, 2022 at 3.835
Smart Scan Analysis for QH.M22
Based on our trend formula, QH.M22 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).