Future Trend Analysis Report
Prepared for you on Thursday, June 30, 2022.
WTI CRUDE OIL CAL SPREAD 1 MO JULY 2022 (NYMEX:QCAY.N22)
Countertrend Up (+85) - QCAY.N22 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 QCAY.N22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QCAY.N22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QCAY.N22
The long-term trend has been UP since Dec 2nd, 2020 at 0.04
The intermediate-term trend has been UP since Aug 30th, 2021 at 0.43
The short-term trend has been UP since Sep 14th, 2021 at 0.42
Smart Scan Analysis for QCAY.N22
Based on our trend formula, QCAY.N22 is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).