Future Trend Analysis Report
Prepared for you on Thursday, July 7, 2022.
ARGUS WTI FORMULA BASIS CAL JUNE 2022 (NYMEX:Q39.M22)
Bull Market Weakness (+75) - Q39.M22 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on Q39.M22 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid Q39.M22?
MarketClub looks at technical strength and momentum to determine if the timing is right for Q39.M22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for Q39.M22
The long-term trend has been UP since Dec 15th, 2020 at 46.02
The intermediate-term trend has been UP since Aug 30th, 2021 at 65.02
The short-term trend has been UP since Sep 10th, 2021 at 65.76
Smart Scan Analysis for Q39.M22
Based on our trend formula, Q39.M22 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).