Free Daily Analysis

Spread Trend Analysis Report

Prepared for you on Saturday, May 21, 2022.

LLS (ARGUS) V WTI MAY 22/JUL 23 (NYMEX:QWJ.K22-QWJ.N23)

Long-Term Downtrend (-90) - QWJ.K22-QWJ.N23 is in a strong downtrend that is likely to continue. While QWJ.K22-QWJ.N23 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.K22-QWJ.N23?

MarketClub looks at technical strength and momentum to determine if the timing is right for QWJ.K22-QWJ.N23.

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

NYMEX_QWJ.K22-QWJ.N23
Open High Low QWJ.K22-QWJ.N23 Price Change
0.14 0.14 0.14 0.14 0.00
Entry Signal

MarketClub’s Trade Triangles for QWJ.K22-QWJ.N23

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 QWJ.K22-QWJ.N23

Based on our trend formula, QWJ.K22-QWJ.N23 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for QWJ.K22-QWJ.N23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.14 0.14 0.14 0.14 0.00
Prev. Close Volume Bid Ask Time
0.06 0 2022-05-19 00:00:00
Expiration2022-05-31
Get a free daily analysis and signals for LLS (ARGUS) V WTI MAY 22/JUL 23 (QWJ.K22-QWJ.N23) - Request Your Free Report.