Future Trend Analysis Report
Prepared for you on Saturday, December 4, 2021.
CRUDE OIL (E-MINI) Feb 2022 (NYMEX:QM.G22)
Countertrend Down (-85) - QM.G22 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 QM.G22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QM.G22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QM.G22
The long-term trend has been DOWN since Dec 1st, 2021 at 65.95
The intermediate-term trend has been DOWN since Nov 3rd, 2021 at 77.65
The short-term trend has been UP since Dec 3rd, 2021 at 67.60
Smart Scan Analysis for QM.G22
Based on our trend formula, QM.G22 is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).