Future Trend Analysis Report
Prepared for you on Tuesday, May 11, 2021.
LIGHT SWEET OIL (NET ENERGY) INDEX Jun 2021 (NYMEX:QLSW.M21)
Long-Term Downtrend (-90) - QLSW.M21 is in a strong downtrend that is likely to continue. While QLSW.M21 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 QLSW.M21?
MarketClub looks at technical strength and momentum to determine if the timing is right for QLSW.M21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QLSW.M21
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.M21
Based on our trend formula, QLSW.M21 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).