Future Trend Analysis Report
Prepared for you on Thursday, October 21, 2021.
NY HARBOR ULSD BRENT CRACK SPREAD OCTOBER 2021 (NYMEX:QHOB.V21)
Long-Term Uptrend (+90) - QHOB.V21 is in a strong uptrend that is likely to continue. While QHOB.V21 is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid QHOB.V21?
MarketClub looks at technical strength and momentum to determine if the timing is right for QHOB.V21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QHOB.V21
The long-term trend has been UP since Oct 4th, 2021 at 18.508
The intermediate-term trend has been UP since Oct 4th, 2021 at 18.147
The short-term trend has been UP since Oct 4th, 2021 at 17.924
Smart Scan Analysis for QHOB.V21
Based on our trend formula, QHOB.V21 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).