Future Trend Analysis Report
Prepared for you on Sunday, July 3, 2022.
NY HARBOR ULSD CRACK SPREAD SEPTEMBER 2022 (NYMEX:QHK.U22)
Bear Market Rally (-75) - QHK.U22 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on QHK.U22 as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid QHK.U22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QHK.U22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QHK.U22
The long-term trend has been DOWN since Aug 20th, 2021 at 21.08
The intermediate-term trend has been DOWN since Aug 16th, 2021 at 22.29
The short-term trend has been DOWN since Sep 7th, 2021 at 22.18
Smart Scan Analysis for QHK.U22
Based on our trend formula, QHK.U22 is rated as a -80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).