Future Trend Analysis Report
Prepared for you on Thursday, June 30, 2022.
ARGUS LLS VS WTI (ARGUS) TRADE MONTH Jul 2022 (NYMEX:QE5.N22)
Strong Downtrend (-100) - QE5.N22 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, QE5.N22 continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid QE5.N22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QE5.N22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QE5.N22
The long-term trend has been DOWN since Jun 21st, 2021 at 1.86
The intermediate-term trend has been DOWN since Aug 2nd, 2021 at 1.70
The short-term trend has been DOWN since Sep 9th, 2021 at 1.55
Smart Scan Analysis for QE5.N22
Based on our trend formula, QE5.N22 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).