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Future Trend Analysis Report

Prepared for you on Sunday, August 1, 2021.

LOOP GULF COAST SOUR CRUDE OIL Aug 2021 (NYMEX:QMB.Q21)

Long-Term Downtrend (-90) - QMB.Q21 is in a strong downtrend that is likely to continue. While QMB.Q21 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.Q21?

MarketClub looks at technical strength and momentum to determine if the timing is right for QMB.Q21.

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

NYMEX_QMB.Q21
Open High Low QMB.Q21 Price Change
64.57 64.57 64.57 64.57 0.00
Entry Signal

MarketClub’s Trade Triangles for QMB.Q21

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.Q21

Based on our trend formula, QMB.Q21 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for QMB.Q21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
64.57 64.57 64.57 64.57 0.00
Prev. Close Volume Bid Ask Time
64.57 0 2021-07-20 00:00:00
Volatility35.12Expiration2021-07-20
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