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Future Trend Analysis Report

Prepared for you on Monday, August 8, 2022.

NY HARBOR ULSD HEATING OIL Oct 2022 (NYMEX:QMHO.V22)

Strong Downtrend (-100) - QMHO.V22 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, QMHO.V22 continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid QMHO.V22?

MarketClub looks at technical strength and momentum to determine if the timing is right for QMHO.V22.

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

NYMEX_QMHO.V22
Open High Low QMHO.V22 Price Change
3.1856 3.1856 3.1856 3.1856 0.0000
Entry Signal

MarketClub’s Trade Triangles for QMHO.V22

long term down The long-term trend has been DOWN since at

intermediate term down The intermediate-term trend has been DOWN since at

short term down The short-term trend has been DOWN since at

Smart Scan Analysis for QMHO.V22

Based on our trend formula, QMHO.V22 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for QMHO.V22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.1856 3.1856 3.1856 3.1856 0.0000
Prev. Close Volume Bid Ask Time
3.1856 0 3.1319 3.2044 2022-08-05 00:00:00
Volatility46.92Expiration2022-09-29
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