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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.

NYMEX_QM.M20
Open High Low QM.M20 Price Change
29.25 31.25 28.30 30.25 -1.10
Entry Signal

MarketClub’s Trade Triangles for QM.M20

long term down The long-term trend has been DOWN since Feb 2nd, 2020 at 51.325

intermediate term down The intermediate-term trend has been DOWN since Feb 26th, 2020 at 50.200

short term up 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).

-55
Smart Scan Analysis for QM.M20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
29.25 31.25 28.30 30.25 -1.10
Prev. Close Volume Bid Ask Time
24.10 3246 2020-04-06 16:58:00
First Delivery2020-06-30Expiration2020-05-18
Open Time18:00Close Time17:00
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