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Future Trend Analysis Report

Prepared for you on Saturday, March 6, 2021.

CRUDE OIL (E-MINI) May 2021 (NYMEX:QM.K21)

Strong Uptrend (+100) - QM.K21 is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, QM.K21 continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

Is it time to buy, sell, or avoid QM.K21?

MarketClub looks at technical strength and momentum to determine if the timing is right for QM.K21.

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

NYMEX_QM.K21
Open High Low QM.K21 Price Change
63.900 66.200 63.600 65.920 +2.225
Entry Signal

MarketClub’s Trade Triangles for QM.K21

long term up The long-term trend has been UP since Nov 24th, 2020 at 44.225

intermediate term up The intermediate-term trend has been UP since Nov 11th, 2020 at 43.000

short term up The short-term trend has been UP since Mar 4th, 2021 at 61.400

Smart Scan Analysis for QM.K21

Based on our trend formula, QM.K21 is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+100
Smart Scan Analysis for QM.K21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
63.900 66.200 63.600 65.920 +2.225
Prev. Close Volume Bid Ask Time
66.050 2295 2021-03-05 16:59:34
Expiration2021-04-19Open Time18:00
Close Time17:00
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