Spread Trend Analysis Report
Prepared for you on Thursday, October 22, 2020.
WTI MIDLAND VS WTI TRADE MONTH NOV 20/APR 22 (NYMEX:QWTT.X20-QWTT.J22)
Long-Term Downtrend (-90) - QWTT.X20-QWTT.J22 is in a strong downtrend that is likely to continue. While QWTT.X20-QWTT.J22 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 QWTT.X20-QWTT.J22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QWTT.X20-QWTT.J22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QWTT.X20-QWTT.J22
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 QWTT.X20-QWTT.J22
Based on our trend formula, QWTT.X20-QWTT.J22 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).