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Future Trend Analysis Report

Prepared for you on Saturday, May 30, 2020.

LOOP GULF COAST SOUR CRUDE OIL JUNE 2020 (NYMEX:QMB.M20)

Long-Term Downtrend (-90) - QMB.M20 is in a strong downtrend that is likely to continue. While QMB.M20 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid QMB.M20?

MarketClub looks at technical strength and momentum to determine if the timing is right for QMB.M20.

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

NYMEX_QMB.M20
Open High Low QMB.M20 Price Change
33.12 33.12 33.12 33.12 0.00
Entry Signal

MarketClub’s Trade Triangles for QMB.M20

long term down The long-term trend has been DOWN since at

intermediate term down The intermediate-term trend has been DOWN since at

short term down The short-term trend has been DOWN since at

Smart Scan Analysis for QMB.M20

Based on our trend formula, QMB.M20 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for QMB.M20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
33.12 33.12 33.12 33.12 0.00
Prev. Close Volume Bid Ask Time
33.12 0 2020-05-19 00:00:00
Volatility224.6Expiration2020-05-19
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