Future Trend Analysis Report
Prepared for you on Friday, April 16, 2021.
WTI HOUSTON VS. WTI CALENDAR MONTH Jan 2024 (NYMEX:QHTM.F24)
Long-Term Downtrend (-90) - QHTM.F24 is in a strong downtrend that is likely to continue. While QHTM.F24 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid QHTM.F24?
MarketClub looks at technical strength and momentum to determine if the timing is right for QHTM.F24.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QHTM.F24
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 QHTM.F24
Based on our trend formula, QHTM.F24 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).