Future Trend Analysis Report
Prepared for you on Monday, August 8, 2022.
NY HARBOR ULSD CRACK SPREAD Aug 2022 (NYMEX:QHK.Q22)
Countertrend Up (+85) - QHK.Q22 is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid QHK.Q22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QHK.Q22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QHK.Q22
The long-term trend has been UP since Oct 4th, 2021 at 23.04
The intermediate-term trend has been UP since Sep 29th, 2021 at 21.68
The short-term trend has been UP since Sep 29th, 2021 at 21.52
Smart Scan Analysis for QHK.Q22
Based on our trend formula, QHK.Q22 is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).