Future Trend Analysis Report
Prepared for you on Saturday, October 1, 2022.
CRUDE OIL (E-MINI) Dec 2022 (NYMEX:QM.Z22)
Strong Downtrend (-100) - QM.Z22 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, QM.Z22 continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid QM.Z22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QM.Z22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QM.Z22
The long-term trend has been DOWN since Jul 6th, 2022 at 88.800
The intermediate-term trend has been DOWN since Sep 6th, 2022 at 85.000
The short-term trend has been DOWN since Sep 28th, 2022 at 75.975
Smart Scan Analysis for QM.Z22
Based on our trend formula, QM.Z22 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).