Future Trend Analysis Report
Prepared for you on Wednesday, August 10, 2022.
CRUDE OIL (E-MINI) Mar 2023 (NYMEX:QM.H23)
Weak Downtrend (-65) - QM.H23 is showing signs of a strengthening downtrend. Monitor QM.H23 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid QM.H23?
MarketClub looks at technical strength and momentum to determine if the timing is right for QM.H23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QM.H23
The long-term trend has been DOWN since Jul 5th, 2022 at 89.0
The intermediate-term trend has been UP since Jul 18th, 2022 at 86.0
The short-term trend has been DOWN since Aug 1st, 2022 at 87.8
Smart Scan Analysis for QM.H23
Based on our trend formula, QM.H23 is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).