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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.

NYMEX_QM.Z22
Open High Low QM.Z22 Price Change
80.750 81.700 78.425 78.720 -1.900
Entry Signal

MarketClub’s Trade Triangles for QM.Z22

long term down The long-term trend has been DOWN since Jul 6th, 2022 at 88.800

intermediate term down The intermediate-term trend has been DOWN since Sep 6th, 2022 at 85.000

short term down 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).

-100
Smart Scan Analysis for QM.Z22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
80.750 81.700 78.425 78.720 -1.900
Prev. Close Volume Bid Ask Time
78.900 594 2022-09-30 16:10:23
Expiration2022-11-18Open Time18:00
Close Time17:00
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