Future Trend Analysis Report
Prepared for you on Saturday, January 22, 2022.
WTI CRUDE OIL CAL SPREAD 1 MO FEBRUARY 2022 (NYMEX:QCAY.G22)
Bull Market Weakness (+75) - QCAY.G22 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on QCAY.G22 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid QCAY.G22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QCAY.G22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QCAY.G22
The long-term trend has been DOWN since Aug 18th, 2021 at 0.36
The intermediate-term trend has been UP since Sep 20th, 2021 at 0.45
The short-term trend has been UP since Sep 8th, 2021 at 0.38
Smart Scan Analysis for QCAY.G22
Based on our trend formula, QCAY.G22 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).