Future Trend Analysis Report
Prepared for you on Wednesday, November 25, 2020.
ARGUS SOUR CRUDE INDEX (ASCI) DECEMBER 2020 (NYMEX:Q29.Z20)
Weak Downtrend (-65) - Q29.Z20 is showing signs of a strengthening downtrend. Monitor Q29.Z20 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid Q29.Z20?
MarketClub looks at technical strength and momentum to determine if the timing is right for Q29.Z20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for Q29.Z20
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 Q29.Z20
Based on our trend formula, Q29.Z20 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).