Future Trend Analysis Report
Prepared for you on Tuesday, January 25, 2022.
ARGUS WTI FORMULA BASIS CAL Jan 2022 (NYMEX:Q39.F22)
Strong Uptrend (+100) - Q39.F22 is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, Q39.F22 continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid Q39.F22?
MarketClub looks at technical strength and momentum to determine if the timing is right for Q39.F22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for Q39.F22
The long-term trend has been UP since Dec 10th, 2020 at 45.67
The intermediate-term trend has been UP since Aug 30th, 2021 at 67.16
The short-term trend has been UP since Sep 10th, 2021 at 67.83
Smart Scan Analysis for Q39.F22
Based on our trend formula, Q39.F22 is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).