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Future Trend Analysis Report

Prepared for you on Friday, July 1, 2022.

ARGUS WTI FORMULA BASIS CAL JANUARY 2023 (NYMEX:Q39.F23)

Countertrend Up (+85) - Q39.F23 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 Q39.F23?

MarketClub looks at technical strength and momentum to determine if the timing is right for Q39.F23.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NYMEX_Q39.F23
Open High Low Q39.F23 Price Change
95.33 95.33 95.33 95.33 0.00
Entry Signal

MarketClub’s Trade Triangles for Q39.F23

long term up The long-term trend has been UP since Dec 18th, 2020 at 46.63

intermediate term up The intermediate-term trend has been UP since Aug 30th, 2021 at 62.32

short term up The short-term trend has been UP since Sep 10th, 2021 at 63.03

Smart Scan Analysis for Q39.F23

Based on our trend formula, Q39.F23 is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for Q39.F23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
95.33 95.33 95.33 95.33 0.00
Prev. Close Volume Bid Ask Time
95.33 0 2022-06-30 00:00:00
Volatility43.58Expiration2023-01-31
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