Future Trend Analysis Report
Prepared for you on Monday, November 28, 2022.
NY HARBOR ULSD BRENT CRACK SPREAD Mar 2023 (NYMEX:QHOB.H23)
Bear Market Rally (-75) - QHOB.H23 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on QHOB.H23 as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid QHOB.H23?
MarketClub looks at technical strength and momentum to determine if the timing is right for QHOB.H23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QHOB.H23
The long-term trend has been DOWN since Aug 20th, 2021 at 17.944
The intermediate-term trend has been UP since Sep 2nd, 2021 at 19.965
The short-term trend has been DOWN since Sep 7th, 2021 at 19.671
Smart Scan Analysis for QHOB.H23
Based on our trend formula, QHOB.H23 is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).