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Future Trend Analysis Report

Prepared for you on Wednesday, January 19, 2022.

CRUDE OIL (E-MINI) Apr 2022 (NYMEX:QM.J22)

Long-Term Uptrend (+90) - QM.J22 is in a strong uptrend that is likely to continue. While QM.J22 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.J22?

MarketClub looks at technical strength and momentum to determine if the timing is right for QM.J22.

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

NYMEX_QM.J22
Open High Low QM.J22 Price Change
84.825 85.600 84.100 84.575 +0.225
Entry Signal

MarketClub’s Trade Triangles for QM.J22

long term up The long-term trend has been UP since Jan 11th, 2022 at 79.325

intermediate term up The intermediate-term trend has been UP since Dec 22nd, 2021 at 72.000

short term up The short-term trend has been UP since Jan 11th, 2022 at 78.950

Smart Scan Analysis for QM.J22

Based on our trend formula, QM.J22 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for QM.J22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
84.825 85.600 84.100 84.575 +0.225
Prev. Close Volume Bid Ask Time
84.350 1209 2022-01-19 15:44:17
Expiration2022-03-21Open Time18:00
Close Time17:00
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