Future Trend Analysis Report
Prepared for you on Monday, December 6, 2021.
NY HARBOR ULSD BRENT CRACK SPREAD Mar 2022 (NYMEX:QHOB.H22)
Sidelines Mode (+50) - QHOB.H22 is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until QHOB.H22 can gain momentum.
Is it time to buy, sell, or avoid QHOB.H22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QHOB.H22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QHOB.H22
The long-term trend has been DOWN since Aug 20th, 2021 at 16.804
The intermediate-term trend has been UP since Sep 30th, 2021 at 18.343
The short-term trend has been UP since Sep 29th, 2021 at 18.086
Smart Scan Analysis for QHOB.H22
Based on our trend formula, QHOB.H22 is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).