Future Trend Analysis Report
Prepared for you on Saturday, October 23, 2021.
WTI MIDLAND (ARGUS) VS. BRENT TRADE MO NOVEMBER 2021 (NYMEX:QWMB.X21)
Bear Market Rally (-75) - QWMB.X21 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on QWMB.X21 as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid QWMB.X21?
MarketClub looks at technical strength and momentum to determine if the timing is right for QWMB.X21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QWMB.X21
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.X21
Based on our trend formula, QWMB.X21 is rated as a -80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).