Future Trend Analysis Report
Prepared for you on Tuesday, May 24, 2022.
WTI MIDLAND (ARGUS) VS. BRENT TRADE MO APRIL 2024 (NYMEX:QWMB.J24)
Long-Term Downtrend (-90) - QWMB.J24 is in a strong downtrend that is likely to continue. While QWMB.J24 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 QWMB.J24?
MarketClub looks at technical strength and momentum to determine if the timing is right for QWMB.J24.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QWMB.J24
The long-term trend has been DOWN since at
The intermediate-term trend has been DOWN since at
The short-term trend has been DOWN since at
Smart Scan Analysis for QWMB.J24
Based on our trend formula, QWMB.J24 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).