Spread Trend Analysis Report
Prepared for you on Monday, April 6, 2020.
WTI BRENT BULLET JUN 20/AUG 21 (NYMEX:QABY.M20-QABY.Q21)
Long-Term Downtrend (-90) - QABY.M20-QABY.Q21 is in a strong downtrend that is likely to continue. While QABY.M20-QABY.Q21 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 QABY.M20-QABY.Q21?
MarketClub looks at technical strength and momentum to determine if the timing is right for QABY.M20-QABY.Q21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QABY.M20-QABY.Q21
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 QABY.M20-QABY.Q21
Based on our trend formula, QABY.M20-QABY.Q21 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).