Free Daily Analysis

Future Trend Analysis Report

Prepared for you on Tuesday, May 18, 2021.

CRUDE OIL (E-MINI) Aug 2021 (NYMEX:QM.Q21)

Long-Term Uptrend (+90) - QM.Q21 is in a strong uptrend that is likely to continue. While QM.Q21 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.Q21?

MarketClub looks at technical strength and momentum to determine if the timing is right for QM.Q21.

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

NYMEX_QM.Q21
Open High Low QM.Q21 Price Change
66.075 66.775 66.075 66.350 +0.250
Entry Signal

MarketClub’s Trade Triangles for QM.Q21

long term up The long-term trend has been UP since Dec 9th, 2020 at 45.375

intermediate term up The intermediate-term trend has been UP since Apr 14th, 2021 at 60.850

short term up The short-term trend has been UP since May 17th, 2021 at 65.425

Smart Scan Analysis for QM.Q21

Based on our trend formula, QM.Q21 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for QM.Q21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
66.075 66.775 66.075 66.350 +0.250
Prev. Close Volume Bid Ask Time
66.100 64 2021-05-18 07:09:48
Expiration2021-07-19Open Time18:00
Close Time17:00
Get a free daily analysis and signals for CRUDE OIL (E-MINI) Aug 2021 (QM.Q21) - Request Your Free Report.