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Future Trend Analysis Report

Prepared for you on Friday, December 3, 2021.

NY HARBOR ULSD BRENT CRACK SPREAD JULY 2022 (NYMEX:QHOB.N22)

Long-Term Downtrend (-90) - QHOB.N22 is in a strong downtrend that is likely to continue. While QHOB.N22 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.N22?

MarketClub looks at technical strength and momentum to determine if the timing is right for QHOB.N22.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NYMEX_QHOB.N22
Open High Low QHOB.N22 Price Change
17.892 17.892 17.892 17.892 0.000
Entry Signal

MarketClub’s Trade Triangles for QHOB.N22

long term down The long-term trend has been DOWN since Aug 20th, 2021 at 17.336

intermediate term down The intermediate-term trend has been DOWN since Aug 16th, 2021 at 18.692

short term down The short-term trend has been DOWN since Sep 23rd, 2021 at 18.360

Smart Scan Analysis for QHOB.N22

Based on our trend formula, QHOB.N22 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for QHOB.N22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
17.892 17.892 17.892 17.892 0.000
Prev. Close Volume Bid Ask Time
17.892 0 2021-12-02 00:00:00
Volatility43.47Expiration2022-07-29
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