Free Daily Analysis

Future Trend Analysis Report

Prepared for you on Monday, August 15, 2022.

NY HARBOR ULSD BRENT CRACK SPREAD AUGUST 2022 (NYMEX:QHOB.Q22)

Long-Term Downtrend (-90) - QHOB.Q22 is in a strong downtrend that is likely to continue. While QHOB.Q22 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.Q22?

MarketClub looks at technical strength and momentum to determine if the timing is right for QHOB.Q22.

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

NYMEX_QHOB.Q22
Open High Low QHOB.Q22 Price Change
45.535 45.535 45.535 45.535 0.000
Entry Signal

MarketClub’s Trade Triangles for QHOB.Q22

long term down The long-term trend has been DOWN since Aug 20th, 2021 at 17.635

intermediate term down The intermediate-term trend has been DOWN since Aug 16th, 2021 at 19.014

short term down The short-term trend has been DOWN since Sep 7th, 2021 at 18.968

Smart Scan Analysis for QHOB.Q22

Based on our trend formula, QHOB.Q22 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for QHOB.Q22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
45.535 45.535 45.535 45.535 0.000
Prev. Close Volume Bid Ask Time
45.535 0 2022-08-12 00:00:00
Volatility85.53Expiration2022-08-31
Get a free daily analysis and signals for NY HARBOR ULSD BRENT CRACK SPREAD AUGUST 2022 (QHOB.Q22) - Request Your Free Report.