Future Trend Analysis Report
Prepared for you on Sunday, May 29, 2022.
ARGUS SOUR CRUDE INDEX VS. WTI DIFF SPRD JUNE 2022 (NYMEX:Q36.M22)
Long-Term Downtrend (-90) - Q36.M22 is in a strong downtrend that is likely to continue. While Q36.M22 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 Q36.M22?
MarketClub looks at technical strength and momentum to determine if the timing is right for Q36.M22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for Q36.M22
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 Q36.M22
Based on our trend formula, Q36.M22 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).