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Future Trend Analysis Report

Prepared for you on Tuesday, August 16, 2022.

ARGUS SOUR CRUDE INDEX (ASCI) SEPTEMBER 2022 (NYMEX:Q29.U22)

Countertrend Up (+85) - Q29.U22 is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

Is it time to buy, sell, or avoid Q29.U22?

MarketClub looks at technical strength and momentum to determine if the timing is right for Q29.U22.

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

NYMEX_Q29.U22
Open High Low Q29.U22 Price Change
92.15 92.15 92.15 92.15 0.00
Entry Signal

MarketClub’s Trade Triangles for Q29.U22

long term up The long-term trend has been UP since Dec 17th, 2020 at 45.35

intermediate term up The intermediate-term trend has been UP since Aug 27th, 2021 at 63.43

short term up The short-term trend has been UP since Sep 10th, 2021 at 64.19

Smart Scan Analysis for Q29.U22

Based on our trend formula, Q29.U22 is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for Q29.U22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
92.15 92.15 92.15 92.15 0.00
Prev. Close Volume Bid Ask Time
92.15 0 2022-08-12 00:00:00
Volatility44.37Expiration2022-08-25
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