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Future Trend Analysis Report

Prepared for you on Thursday, December 3, 2020.

CRUDE OIL (E-MINI) Dec 2020 (NYMEX:QM.Z20)

Crossroads (+60) - QM.Z20 is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid QM.Z20?

MarketClub looks at technical strength and momentum to determine if the timing is right for QM.Z20.

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

NYMEX_QM.Z20
Open High Low QM.Z20 Price Change
41.600 41.825 41.125 41.625 -0.200
Entry Signal

MarketClub’s Trade Triangles for QM.Z20

long term down The long-term trend has been DOWN since Oct 2nd, 2020 at 37.225

intermediate term up The intermediate-term trend has been UP since Nov 10th, 2020 at 41.550

short term up The short-term trend has been UP since Nov 16th, 2020 at 40.950

Smart Scan Analysis for QM.Z20

Based on our trend formula, QM.Z20 is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for QM.Z20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
41.600 41.825 41.125 41.625 -0.200
Prev. Close Volume Bid Ask Time
39.175 294 2020-11-19 17:28:48
First Delivery2020-12-31Expiration2020-11-19
Open Time18:00Close Time17:00
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