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Future Trend Analysis Report

Prepared for you on Wednesday, June 29, 2022.

ARGUS SOUR CRUDE INDEX (ASCI) Feb 2023 (NYMEX:Q29.G23)

Bull Market Weakness (+75) - Q29.G23 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on Q29.G23 as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid Q29.G23?

MarketClub looks at technical strength and momentum to determine if the timing is right for Q29.G23.

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

NYMEX_Q29.G23
Open High Low Q29.G23 Price Change
92.58 92.58 92.58 92.58 0.00
Entry Signal

MarketClub’s Trade Triangles for Q29.G23

long term up The long-term trend has been UP since Dec 18th, 2020 at 45.81

intermediate term up The intermediate-term trend has been UP since Aug 30th, 2021 at 61.57

short term up The short-term trend has been UP since Sep 10th, 2021 at 62.29

Smart Scan Analysis for Q29.G23

Based on our trend formula, Q29.G23 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for Q29.G23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
92.58 92.58 92.58 92.58 0.00
Prev. Close Volume Bid Ask Time
92.58 0 2022-06-27 00:00:00
Volatility42.91Expiration2023-01-25
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