Future Trend Analysis Report
Prepared for you on Sunday, June 26, 2022.
RBOB CALENDAR JUNE 2022 (NYMEX:QRLX.M22)
Long-Term Uptrend (+90) - QRLX.M22 is in a strong uptrend that is likely to continue. While QRLX.M22 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 QRLX.M22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QRLX.M22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QRLX.M22
The long-term trend has been UP since Oct 1st, 2021 at 2.1629
The intermediate-term trend has been UP since Sep 2nd, 2021 at 2.1052
The short-term trend has been UP since Sep 10th, 2021 at 2.1113
Smart Scan Analysis for QRLX.M22
Based on our trend formula, QRLX.M22 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).