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Future Trend Analysis Report

Prepared for you on Wednesday, October 20, 2021.

CRUDE OIL (E-MINI) Jan 2022 (NYMEX:QM.F22)

Long-Term Uptrend (+90) - QM.F22 is in a strong uptrend that is likely to continue. While QM.F22 is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

Is it time to buy, sell, or avoid QM.F22?

MarketClub looks at technical strength and momentum to determine if the timing is right for QM.F22.

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

NYMEX_QM.F22
Open High Low QM.F22 Price Change
82.45 82.65 82.45 82.50 +0.05
Entry Signal

MarketClub’s Trade Triangles for QM.F22

long term up The long-term trend has been UP since Aug 6th, 2020 at 42.200

intermediate term up The intermediate-term trend has been UP since Aug 29th, 2021 at 67.900

short term up The short-term trend has been UP since Sep 22nd, 2021 at 70.375

Smart Scan Analysis for QM.F22

Based on our trend formula, QM.F22 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for QM.F22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
82.45 82.65 82.45 82.50 +0.05
Prev. Close Volume Bid Ask Time
82.45 32 2021-10-20 22:18:31
Expiration2021-12-17Open Time18:00
Close Time17:00
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