Future Trend Analysis Report
Prepared for you on Tuesday, May 11, 2021.
ARGUS LLS VS WTI (ARGUS) TRADE MONTH NOVEMBER 2024 (NYMEX:QE5.X24)
Bear Market Rally (-75) - QE5.X24 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on QE5.X24 as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid QE5.X24?
MarketClub looks at technical strength and momentum to determine if the timing is right for QE5.X24.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QE5.X24
The long-term trend has been DOWN since at
The intermediate-term trend has been DOWN since at
The short-term trend has been DOWN since at
Smart Scan Analysis for QE5.X24
Based on our trend formula, QE5.X24 is rated as a -80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).