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Future Trend Analysis Report

Prepared for you on Saturday, October 23, 2021.

LIGHT SWEET OIL (NET ENERGY) INDEX NOVEMBER 2021 (NYMEX:QLSW.X21)

Weak Downtrend (-65) - QLSW.X21 is showing signs of a strengthening downtrend. Monitor QLSW.X21 as it may be building momentum to the downside.

Is it time to buy, sell, or avoid QLSW.X21?

MarketClub looks at technical strength and momentum to determine if the timing is right for QLSW.X21.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NYMEX_QLSW.X21
Open High Low QLSW.X21 Price Change
-2.014 -2.014 -2.014 -2.014 0
Entry Signal

MarketClub’s Trade Triangles for QLSW.X21

long term down The long-term trend has been DOWN since at

intermediate term down The intermediate-term trend has been DOWN since at

short term down The short-term trend has been DOWN since at

Smart Scan Analysis for QLSW.X21

Based on our trend formula, QLSW.X21 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for QLSW.X21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
-2.014 -2.014 -2.014 -2.014 0
Prev. Close Volume Bid Ask Time
-2.014 0 2021-10-19 00:00:00
Volatility49.74Expiration2021-10-15
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