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Future Trend Analysis Report

Prepared for you on Wednesday, December 7, 2022.

CRUDE OIL Apr 2031 (NYMEX:QCL.J31)

Countertrend Up (+85) - QCL.J31 is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

Is it time to buy, sell, or avoid QCL.J31?

MarketClub looks at technical strength and momentum to determine if the timing is right for QCL.J31.

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

NYMEX_QCL.J31
Open High Low QCL.J31 Price Change
59.38 59.38 59.38 59.38 0.00
Entry Signal

MarketClub’s Trade Triangles for QCL.J31

long term up The long-term trend has been UP since Feb 10th, 2021 at 48.93

intermediate term up The intermediate-term trend has been UP since Sep 30th, 2021 at 53.48

short term up The short-term trend has been UP since Sep 30th, 2021 at 52.99

Smart Scan Analysis for QCL.J31

Based on our trend formula, QCL.J31 is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for QCL.J31
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
59.38 59.38 59.38 59.38 0.00
Prev. Close Volume Bid Ask Time
59.38 0 2022-12-05 00:00:00
Volatility23.96Expiration2031-03-20
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