Future Trend Analysis Report
Prepared for you on Monday, January 24, 2022.
NYH RESIDUAL FUEL CRACK Jan 2022 (NYMEX:QML.F22)
Countertrend Up (+85) - QML.F22 is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid QML.F22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QML.F22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QML.F22
The long-term trend has been UP since Sep 20th, 2021 at 2.32
The intermediate-term trend has been UP since Aug 24th, 2021 at 1.29
The short-term trend has been UP since Aug 17th, 2021 at 0.70
Smart Scan Analysis for QML.F22
Based on our trend formula, QML.F22 is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).