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Future Trend Analysis Report

Prepared for you on Tuesday, March 2, 2021.

CRUDE OIL (E-MINI) Nov 2021 (NYMEX:QM.X21)

Bull Market Weakness (+75) - QM.X21 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on QM.X21 as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid QM.X21?

MarketClub looks at technical strength and momentum to determine if the timing is right for QM.X21.

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

NYMEX_QM.X21
Open High Low QM.X21 Price Change
58.325 59.150 58.325 57.000 +1.250
Entry Signal

MarketClub’s Trade Triangles for QM.X21

long term up The long-term trend has been UP since Dec 3rd, 2020 at 45.425

intermediate term up The intermediate-term trend has been UP since Nov 9th, 2020 at 41.650

short term up The short-term trend has been UP since Feb 16th, 2021 at 51.150

Smart Scan Analysis for QM.X21

Based on our trend formula, QM.X21 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for QM.X21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
58.325 59.150 58.325 57.000 +1.250
Prev. Close Volume Bid Ask Time
59.150 5 2021-02-24 17:28:41
Expiration2021-10-19Open Time18:00
Close Time17:00
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