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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.

NYMEX_QM.H23
Open High Low QM.H23 Price Change
85.000 85.000 83.000 85.725 -2.925
Entry Signal

MarketClub’s Trade Triangles for QM.H23

long term down The long-term trend has been DOWN since Jul 5th, 2022 at 89.0

intermediate term up The intermediate-term trend has been UP since Jul 18th, 2022 at 86.0

short term down 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).

-65
Smart Scan Analysis for QM.H23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
85.000 85.000 83.000 85.725 -2.925
Prev. Close Volume Bid Ask Time
84.425 3 2022-08-04 12:51:53
Expiration2023-02-17Open Time18:00
Close Time17:00
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