Spread Trend Analysis Report
Prepared for you on Friday, June 18, 2021.
UP DOWN GC ULSD VS NYMEX HO SPREAD DEC 21/MAY 22 (NYMEX:QLT.Z21-QLT.K22)
Long-Term Downtrend (-90) - QLT.Z21-QLT.K22 is in a strong downtrend that is likely to continue. While QLT.Z21-QLT.K22 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid QLT.Z21-QLT.K22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QLT.Z21-QLT.K22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QLT.Z21-QLT.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 QLT.Z21-QLT.K22
Based on our trend formula, QLT.Z21-QLT.K22 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).