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Future Trend Analysis Report

Prepared for you on Saturday, June 19, 2021.

WTI HOUSTON CRUDE OIL AUGUST 2021 (NYMEX:QHCL.Q21)

Bear Market Rally (-75) - QHCL.Q21 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on QHCL.Q21 as it may be in the beginning of a reversal.

Is it time to buy, sell, or avoid QHCL.Q21?

MarketClub looks at technical strength and momentum to determine if the timing is right for QHCL.Q21.

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

NYMEX_QHCL.Q21
Open High Low QHCL.Q21 Price Change
71.23 71.23 71.23 71.23 0.00
Entry Signal

MarketClub’s Trade Triangles for QHCL.Q21

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 QHCL.Q21

Based on our trend formula, QHCL.Q21 is rated as a -80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-80
Smart Scan Analysis for QHCL.Q21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
71.23 71.23 71.23 71.23 0.00
Prev. Close Volume Bid Ask Time
71.23 12 70.95 71.01 2021-06-17 00:00:00
Volatility33.62Expiration2021-07-20
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