Future Trend Analysis Report
Prepared for you on Thursday, February 25, 2021.
LIGHT SWEET OIL (NET ENERGY) INDEX Apr 2021 (NYMEX:QLSW.J21)
Weak Downtrend (-65) - QLSW.J21 is showing signs of a strengthening downtrend. Monitor QLSW.J21 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid QLSW.J21?
MarketClub looks at technical strength and momentum to determine if the timing is right for QLSW.J21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QLSW.J21
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 QLSW.J21
Based on our trend formula, QLSW.J21 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).