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Future Trend Analysis Report

Prepared for you on Wednesday, September 27, 2023.

LOOP GULF COAST SOUR CRUDE OIL OCTOBER 2023 (NYMEX:QMB.V23)

Bear Market Rally (-75) - QMB.V23 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on QMB.V23 as it may be in the beginning of a reversal.

Is it time to buy, sell, or avoid QMB.V23?

MarketClub looks at technical strength and momentum to determine if the timing is right for QMB.V23.

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

NYMEX_QMB.V23
Open High Low QMB.V23 Price Change
91.35 91.35 91.35 91.35 0.00
Entry Signal

MarketClub’s Trade Triangles for QMB.V23

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.V23

Based on our trend formula, QMB.V23 is rated as a -80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-80
Smart Scan Analysis for QMB.V23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
91.35 91.35 91.35 91.35 0.00
Prev. Close Volume Bid Ask Time
91.35 0 2023-09-20 00:00:00
Volatility27.27Expiration2023-09-20
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