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Future Trend Analysis Report

Prepared for you on Friday, December 3, 2021.

CRUDE OIL (E-MINI) Oct 2022 (NYMEX:QM.V22)

Long-Term Downtrend (-90) - QM.V22 is in a strong downtrend that is likely to continue. While QM.V22 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid QM.V22?

MarketClub looks at technical strength and momentum to determine if the timing is right for QM.V22.

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

NYMEX_QM.V22
Open High Low QM.V22 Price Change
64.875 65.150 64.875 65.150 +0.675
Entry Signal

MarketClub’s Trade Triangles for QM.V22

long term down The long-term trend has been DOWN since Dec 1st, 2021 at 64.4

intermediate term down The intermediate-term trend has been DOWN since Nov 29th, 2021 at 67.3

short term down The short-term trend has been DOWN since Nov 26th, 2021 at 73.8

Smart Scan Analysis for QM.V22

Based on our trend formula, QM.V22 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for QM.V22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
64.875 65.150 64.875 65.150 +0.675
Prev. Close Volume Bid Ask Time
64.475 2 2021-12-03 03:01:52
Expiration2022-09-19Open Time18:00
Close Time17:00
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