Future Trend Analysis Report
Prepared for you on Thursday, June 30, 2022.
ARGUS SOUR CRUDE INDEX WTI DIFF CAL SPRD OCTOBER 2022 (NYMEX:Q38.V22)
Long-Term Downtrend (-90) - Q38.V22 is in a strong downtrend that is likely to continue. While Q38.V22 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 Q38.V22?
MarketClub looks at technical strength and momentum to determine if the timing is right for Q38.V22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for Q38.V22
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 Q38.V22
Based on our trend formula, Q38.V22 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).