Future Trend Analysis Report
Prepared for you on Saturday, June 25, 2022.
LLS (ARGUS) V WTI JUNE 2022 (NYMEX:QWJ.M22)
Strong Downtrend (-100) - QWJ.M22 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, QWJ.M22 continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid QWJ.M22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QWJ.M22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QWJ.M22
The long-term trend has been DOWN since Jun 21st, 2021 at 1.90
The intermediate-term trend has been DOWN since Aug 3rd, 2021 at 1.76
The short-term trend has been DOWN since Sep 9th, 2021 at 1.60
Smart Scan Analysis for QWJ.M22
Based on our trend formula, QWJ.M22 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).