Future Trend Analysis Report
Prepared for you on Friday, October 22, 2021.
LLS (ARGUS) V WTI Oct 2021 (NYMEX:QWJ.V21)
Strong Downtrend (-100) - QWJ.V21 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid QWJ.V21?
MarketClub looks at technical strength and momentum to determine if the timing is right for QWJ.V21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QWJ.V21
The long-term trend has been DOWN since Jun 17th, 2021 at 2.11
The intermediate-term trend has been DOWN since Sep 21st, 2021 at 1.31
The short-term trend has been DOWN since Sep 9th, 2021 at 1.76
Smart Scan Analysis for QWJ.V21
Based on our trend formula, QWJ.V21 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).