Future Trend Analysis Report
Prepared for you on Sunday, June 26, 2022.
CRUDE OIL (E-MINI) Sep 2022 (NYMEX:QM.U22)
Weak Downtrend (-65) - QM.U22 is showing signs of a strengthening downtrend. Monitor QM.U22 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid QM.U22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QM.U22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QM.U22
The long-term trend has been UP since Jan 7th, 2022 at 75.025
The intermediate-term trend has been DOWN since Jun 21st, 2022 at 104.375
The short-term trend has been DOWN since Jun 12th, 2022 at 113.650
Smart Scan Analysis for QM.U22
Based on our trend formula, QM.U22 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).