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Future Trend Analysis Report

Prepared for you on Tuesday, January 18, 2022.

MICRO WTI CRUDE OIL Jun 2022 (NYMEX:QMCL.M22)

Bull Market Weakness (+75) - QMCL.M22 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on QMCL.M22 as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid QMCL.M22?

MarketClub looks at technical strength and momentum to determine if the timing is right for QMCL.M22.

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

NYMEX_QMCL.M22
Open High Low QMCL.M22 Price Change
81.15 81.15 80.27 80.89 +0.20
Entry Signal

MarketClub’s Trade Triangles for QMCL.M22

long term down The long-term trend has been DOWN since Dec 2nd, 2021 at 64.00

intermediate term up The intermediate-term trend has been UP since Dec 23rd, 2021 at 71.40

short term up The short-term trend has been UP since Jan 4th, 2022 at 75.35

Smart Scan Analysis for QMCL.M22

Based on our trend formula, QMCL.M22 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for QMCL.M22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
81.15 81.15 80.27 80.89 +0.20
Prev. Close Volume Bid Ask Time
80.69 49 80.95 81.23 2022-01-17 12:55:58
52wk High81.1552wk High Date2022-01-16
52wk Low60.0152wk Low Date2021-08-19
Volatility34.14Expiration2022-05-19
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