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Future Trend Analysis Report

Prepared for you on Wednesday, May 18, 2022.

CRUDE OIL (E-MINI) Jun 2022 (NYMEX:QM.M22)

Long-Term Uptrend (+90) - QM.M22 is in a strong uptrend that is likely to continue. While QM.M22 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.M22?

MarketClub looks at technical strength and momentum to determine if the timing is right for QM.M22.

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

NYMEX_QM.M22
Open High Low QM.M22 Price Change
109.40 109.45 108.95 108.95 -0.45
Entry Signal

MarketClub’s Trade Triangles for QM.M22

long term up The long-term trend has been UP since Jan 11th, 2022 at 77.9

intermediate term up The intermediate-term trend has been UP since May 4th, 2022 at 108.0

short term up The short-term trend has been UP since May 12th, 2022 at 106.3

Smart Scan Analysis for QM.M22

Based on our trend formula, QM.M22 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for QM.M22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
109.40 109.45 108.95 108.95 -0.45
Prev. Close Volume Bid Ask Time
113.62 13 2022-05-18 19:07:54
Expiration2022-05-19Open Time18:00
Close Time17:00
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