Spread Trend Analysis Report
Prepared for you on Sunday, June 13, 2021.
LLS (ARGUS) V WTI APR 22/JUN 22 (NYMEX:QWJ.J22-QWJ.M22)
Long-Term Downtrend (-90) - QWJ.J22-QWJ.M22 is in a strong downtrend that is likely to continue. While QWJ.J22-QWJ.M22 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 QWJ.J22-QWJ.M22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QWJ.J22-QWJ.M22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QWJ.J22-QWJ.M22
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 QWJ.J22-QWJ.M22
Based on our trend formula, QWJ.J22-QWJ.M22 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).