Future Trend Analysis Report
Prepared for you on Saturday, June 25, 2022.
LLS (ARGUS) V WTI JUNE 2023 (NYMEX:QWJ.M23)
Countertrend Down (-85) - QWJ.M23 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 QWJ.M23?
MarketClub looks at technical strength and momentum to determine if the timing is right for QWJ.M23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QWJ.M23
The long-term trend has been DOWN since Jun 30th, 2021 at 1.80
The intermediate-term trend has been DOWN since Aug 3rd, 2021 at 1.94
The short-term trend has been UP since Sep 28th, 2021 at 1.60
Smart Scan Analysis for QWJ.M23
Based on our trend formula, QWJ.M23 is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).