Future Trend Analysis Report
Prepared for you on Saturday, May 27, 2023.
ARGUS SOUR CRUDE INDEX VS. WTI DIFF SPRD JUNE 2023 (NYMEX:Q36.M23)
Weak Downtrend (-65) - Q36.M23 is showing signs of a strengthening downtrend. Monitor Q36.M23 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid Q36.M23?
MarketClub looks at technical strength and momentum to determine if the timing is right for Q36.M23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for Q36.M23
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.M23
Based on our trend formula, Q36.M23 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).