Index Trend Analysis Report
Prepared for you on Saturday, December 2, 2023.
Credit Suisse NASDAQ WTI Crude Oil FLOWS 106 TR (NASDAQ:QUSOITR)
Countertrend Down (-85) - QUSOITR is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid QUSOITR?
MarketClub looks at technical strength and momentum to determine if the timing is right for QUSOITR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QUSOITR
The long-term trend has been DOWN since Nov 16th, 2023 at 2489.03
The intermediate-term trend has been DOWN since Oct 6th, 2023 at 2757.61
The short-term trend has been UP since Nov 21st, 2023 at 2562.78
Smart Scan Analysis for QUSOITR
Based on our trend formula, QUSOITR is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).