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Future Trend Analysis Report

Prepared for you on Thursday, June 30, 2022.

CRUDE OIL (E-MINI) Jul 2022 (NYMEX:QM.N22)

Weak Downtrend (-65) - QM.N22 is showing signs of a strengthening downtrend. Monitor QM.N22 as it may be building momentum to the downside.

Is it time to buy, sell, or avoid QM.N22?

MarketClub looks at technical strength and momentum to determine if the timing is right for QM.N22.

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

NYMEX_QM.N22
Open High Low QM.N22 Price Change
117.300 118.800 108.325 109.560 -7.375
Entry Signal

MarketClub’s Trade Triangles for QM.N22

long term up The long-term trend has been UP since Jan 11th, 2022 at 77.050

intermediate term down The intermediate-term trend has been DOWN since Jun 17th, 2022 at 109.175

short term down The short-term trend has been DOWN since Jun 10th, 2022 at 119.300

Smart Scan Analysis for QM.N22

Based on our trend formula, QM.N22 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for QM.N22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
117.300 118.800 108.325 109.560 -7.375
Prev. Close Volume Bid Ask Time
109.650 519 2022-06-17 14:29:09
Expiration2022-06-17Open Time18:00
Close Time17:00
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