Future Trend Analysis Report
Prepared for you on Sunday, June 26, 2022.
NY HARBOR ULSD BRENT CRACK SPREAD JUNE 2022 (NYMEX:QHOB.M22)
Weak Downtrend (-65) - QHOB.M22 is showing signs of a strengthening downtrend. Monitor QHOB.M22 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid QHOB.M22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QHOB.M22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QHOB.M22
The long-term trend has been DOWN since Aug 20th, 2021 at 17.046
The intermediate-term trend has been DOWN since Aug 16th, 2021 at 18.385
The short-term trend has been DOWN since Sep 24th, 2021 at 18.169
Smart Scan Analysis for QHOB.M22
Based on our trend formula, QHOB.M22 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).