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Spread Trend Analysis Report

Prepared for you on Monday, August 8, 2022.

MARS (ARGUS) V WTI AUG 22/MAY 24 (NYMEX:QYX.Q22-QYX.K24)

Long-Term Downtrend (-90) - QYX.Q22-QYX.K24 is in a strong downtrend that is likely to continue. While QYX.Q22-QYX.K24 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 QYX.Q22-QYX.K24?

MarketClub looks at technical strength and momentum to determine if the timing is right for QYX.Q22-QYX.K24.

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

NYMEX_QYX.Q22-QYX.K24
Open High Low QYX.Q22-QYX.K24 Price Change
0.2 0.2 0.2 0.2 0.0
Entry Signal

MarketClub’s Trade Triangles for QYX.Q22-QYX.K24

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 QYX.Q22-QYX.K24

Based on our trend formula, QYX.Q22-QYX.K24 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for QYX.Q22-QYX.K24
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.2 0.2 0.2 0.2 0.0
Prev. Close Volume Bid Ask Time
0.2 0 2022-08-05 00:00:00
Expiration2022-08-31
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