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Spread Trend Analysis Report

Prepared for you on Thursday, December 9, 2021.

WTI BRENT CALENDAR NOV 22/JUN 23 (NYMEX:QBK.X22-QBK.M23)

Long-Term Downtrend (-90) - QBK.X22-QBK.M23 is in a strong downtrend that is likely to continue. While QBK.X22-QBK.M23 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 QBK.X22-QBK.M23?

MarketClub looks at technical strength and momentum to determine if the timing is right for QBK.X22-QBK.M23.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NYMEX_QBK.X22-QBK.M23
Open High Low QBK.X22-QBK.M23 Price Change
0.63 0.63 0.63 0.63 0.00
Entry Signal

MarketClub’s Trade Triangles for QBK.X22-QBK.M23

long term down The long-term trend has been DOWN since at

intermediate term down The intermediate-term trend has been DOWN since at

short term down The short-term trend has been DOWN since at

Smart Scan Analysis for QBK.X22-QBK.M23

Based on our trend formula, QBK.X22-QBK.M23 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for QBK.X22-QBK.M23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.63 0.63 0.63 0.63 0.00
Prev. Close Volume Bid Ask Time
0.63 0 2021-12-08 00:00:00
Expiration2022-11-30
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