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.
MarketClub’s Trade Triangles for QM.X21
The long-term trend has been UP since Dec 3rd, 2020 at 45.425
The intermediate-term trend has been UP since Nov 9th, 2020 at 41.650
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).