Future Trend Analysis Report
Prepared for you on Tuesday, January 25, 2022.
SYNTHETIC SWEET OIL (NET ENERGY) INDEX JULY 2022 (NYMEX:QSSW.N22)
Weak Downtrend (-65) - QSSW.N22 is showing signs of a strengthening downtrend. Monitor QSSW.N22 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid QSSW.N22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QSSW.N22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QSSW.N22
The long-term trend has been DOWN since May 4th, 2021 at -1.25
The intermediate-term trend has been DOWN since Apr 9th, 2021 at -0.10
The short-term trend has been DOWN since Apr 9th, 2021 at 0.25
Smart Scan Analysis for QSSW.N22
Based on our trend formula, QSSW.N22 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).