Future Trend Analysis Report
Prepared for you on Saturday, November 27, 2021.
ARGUS SOUR CRUDE INDEX CAL NOVEMBER 2021 (NYMEX:Q37.X21)
Countertrend Up (+85) - Q37.X21 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 Q37.X21?
MarketClub looks at technical strength and momentum to determine if the timing is right for Q37.X21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for Q37.X21
The long-term trend has been UP since Dec 10th, 2020 at 44.84
The intermediate-term trend has been UP since Aug 30th, 2021 at 67.31
The short-term trend has been UP since Sep 27th, 2021 at 71.03
Smart Scan Analysis for Q37.X21
Based on our trend formula, Q37.X21 is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).