Future Trend Analysis Report
Prepared for you on Thursday, January 27, 2022.
LLS (ARGUS) V WTI JANUARY 2022 (NYMEX:QWJ.F22)
Bull Market Weakness (+75) - QWJ.F22 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on QWJ.F22 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid QWJ.F22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QWJ.F22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QWJ.F22
The long-term trend has been DOWN since Jun 18th, 2021 at 1.98
The intermediate-term trend has been UP since Oct 4th, 2021 at 1.24
The short-term trend has been UP since Oct 4th, 2021 at 1.24
Smart Scan Analysis for QWJ.F22
Based on our trend formula, QWJ.F22 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).