Spread Trend Analysis Report
Prepared for you on Wednesday, July 6, 2022.
WTI MIDLAND VS WTI TRADE MONTH NOV 23/APR 24 (NYMEX:QWTT.X23-QWTT.J24)
Strong Downtrend (-100) - QWTT.X23-QWTT.J24 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, QWTT.X23-QWTT.J24 continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid QWTT.X23-QWTT.J24?
MarketClub looks at technical strength and momentum to determine if the timing is right for QWTT.X23-QWTT.J24.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QWTT.X23-QWTT.J24
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.X23-QWTT.J24
Based on our trend formula, QWTT.X23-QWTT.J24 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).