Free Daily Analysis

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.

NYMEX_QM.G22
Open High Low QM.G22 Price Change
67.50 68.95 65.45 66.10 -0.95
Entry Signal

MarketClub’s Trade Triangles for QM.G22

long term down The long-term trend has been DOWN since Dec 1st, 2021 at 65.95

intermediate term down The intermediate-term trend has been DOWN since Nov 3rd, 2021 at 77.65

short term up 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).

-85
Smart Scan Analysis for QM.G22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
67.50 68.95 65.45 66.10 -0.95
Prev. Close Volume Bid Ask Time
66.08 1773 2021-12-03 16:58:59
Expiration2022-01-19Open Time18:00
Close Time17:00
Get a free daily analysis and signals for CRUDE OIL (E-MINI) Feb 2022 (QM.G22) - Request Your Free Report.