Future Trend Analysis Report
Prepared for you on Thursday, January 27, 2022.
SYNTHETIC SWEET OIL (NET ENERGY) INDEX FEBRUARY 2022 (NYMEX:QSSW.G22)
Long-Term Downtrend (-90) - QSSW.G22 is in a strong downtrend that is likely to continue. While QSSW.G22 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 QSSW.G22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QSSW.G22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QSSW.G22
The long-term trend has been DOWN since Apr 16th, 2021 at -1.6
The intermediate-term trend has been DOWN since Apr 9th, 2021 at -0.6
The short-term trend has been DOWN since Apr 8th, 2021 at 0.1
Smart Scan Analysis for QSSW.G22
Based on our trend formula, QSSW.G22 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).