Future Trend Analysis Report
Prepared for you on Sunday, January 23, 2022.
NY HARBOR ULSD BRENT CRACK SPREAD FEBRUARY 2022 (NYMEX:QHOB.G22)
Sidelines Mode (-55) - QHOB.G22 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid QHOB.G22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QHOB.G22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QHOB.G22
The long-term trend has been DOWN since Aug 20th, 2021 at 17.112
The intermediate-term trend has been UP since Sep 2nd, 2021 at 18.893
The short-term trend has been DOWN since Sep 7th, 2021 at 18.648
Smart Scan Analysis for QHOB.G22
Based on our trend formula, QHOB.G22 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).