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Future Trend Analysis Report

Prepared for you on Wednesday, June 29, 2022.

MICRO WTI CRUDE OIL JULY 2022 (NYMEX:QMCL.N22)

Weak Downtrend (-65) - QMCL.N22 is showing signs of a strengthening downtrend. Monitor QMCL.N22 as it may be building momentum to the downside.

Is it time to buy, sell, or avoid QMCL.N22?

MarketClub looks at technical strength and momentum to determine if the timing is right for QMCL.N22.

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

NYMEX_QMCL.N22
Open High Low QMCL.N22 Price Change
117.04 118.93 108.41 109.24 -8.35
Entry Signal

MarketClub’s Trade Triangles for QMCL.N22

long term up The long-term trend has been UP since Jan 11th, 2022 at 77.07

intermediate term down The intermediate-term trend has been DOWN since Jun 17th, 2022 at 108.61

short term down The short-term trend has been DOWN since Jun 10th, 2022 at 119.28

Smart Scan Analysis for QMCL.N22

Based on our trend formula, QMCL.N22 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for QMCL.N22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
117.04 118.93 108.41 109.24 -8.35
Prev. Close Volume Bid Ask Time
117.59 0 2022-06-17 14:24:22
52wk High123.6852wk High Date2022-06-14
52wk Low58.8652wk Low Date2021-08-20
Volatility54.43Expiration2022-06-17
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