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Future Trend Analysis Report

Prepared for you on Saturday, June 25, 2022.

ARGUS SOUR CRUDE INDEX (ASCI) JULY 2022 (NYMEX:Q29.N22)

Bull Market Weakness (+75) - Q29.N22 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on Q29.N22 as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid Q29.N22?

MarketClub looks at technical strength and momentum to determine if the timing is right for Q29.N22.

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

NYMEX_Q29.N22
Open High Low Q29.N22 Price Change
109.59 109.59 109.59 109.59 0.00
Entry Signal

MarketClub’s Trade Triangles for Q29.N22

long term up The long-term trend has been UP since Dec 15th, 2020 at 45.20

intermediate term up The intermediate-term trend has been UP since Aug 30th, 2021 at 64.28

short term up The short-term trend has been UP since Sep 10th, 2021 at 65.02

Smart Scan Analysis for Q29.N22

Based on our trend formula, Q29.N22 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for Q29.N22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
109.59 109.59 109.59 109.59 0.00
Prev. Close Volume Bid Ask Time
109.59 0 2022-06-24 00:00:00
Volatility53.23Expiration2022-06-24
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