Future Trend Analysis Report
Prepared for you on Wednesday, December 8, 2021.
NY HARBOR ULSD BRENT CRACK SPREAD Mar 2024 (NYMEX:QHOB.H24)
Long-Term Downtrend (-90) - QHOB.H24 is in a strong downtrend that is likely to continue. While QHOB.H24 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid QHOB.H24?
MarketClub looks at technical strength and momentum to determine if the timing is right for QHOB.H24.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QHOB.H24
The long-term trend has been DOWN since at
The intermediate-term trend has been DOWN since at
The short-term trend has been DOWN since at
Smart Scan Analysis for QHOB.H24
Based on our trend formula, QHOB.H24 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).