Future Trend Analysis Report
Prepared for you on Monday, April 6, 2020.
CRUDE OIL (E-MINI) Jun 2020 (NYMEX:QM.M20)
Sidelines Mode (-55) - QM.M20 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid QM.M20?
MarketClub looks at technical strength and momentum to determine if the timing is right for QM.M20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QM.M20
The long-term trend has been DOWN since Feb 2nd, 2020 at 51.325
The intermediate-term trend has been DOWN since Feb 26th, 2020 at 50.200
The short-term trend has been UP since Apr 2nd, 2020 at 25.675
Smart Scan Analysis for QM.M20
Based on our trend formula, QM.M20 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
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