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.
MarketClub’s Trade Triangles for QM.N22
The long-term trend has been UP since Jan 11th, 2022 at 77.050
The intermediate-term trend has been DOWN since Jun 17th, 2022 at 109.175
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).