Future Trend Analysis Report
Prepared for you on Friday, May 20, 2022.
LA JET FUEL VS NYH ULSD May 2022 (NYMEX:QMQ.K22)
Bear Market Rally (-75) - QMQ.K22 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on QMQ.K22 as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid QMQ.K22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QMQ.K22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QMQ.K22
The long-term trend has been DOWN since at
The intermediate-term trend has been DOWN since at
The short-term trend has been DOWN since at
Smart Scan Analysis for QMQ.K22
Based on our trend formula, QMQ.K22 is rated as a -80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).