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Future Trend Analysis Report

Prepared for you on Saturday, January 29, 2022.

MICRO WTI CRUDE OIL SEPTEMBER 2022 (NYMEX:QMCL.U22)

Bear Market Rally (-75) - QMCL.U22 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on QMCL.U22 as it may be in the beginning of a reversal.

Is it time to buy, sell, or avoid QMCL.U22?

MarketClub looks at technical strength and momentum to determine if the timing is right for QMCL.U22.

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

NYMEX_QMCL.U22
Open High Low QMCL.U22 Price Change
80.77 80.77 80.77 79.34 -1.43
Entry Signal

MarketClub’s Trade Triangles for QMCL.U22

long term down The long-term trend has been DOWN since Aug 4th, 2021 at 6349.00

intermediate term down The intermediate-term trend has been DOWN since Nov 3rd, 2021 at 72.94

short term down The short-term trend has been DOWN since Dec 14th, 2021 at 69.30

Smart Scan Analysis for QMCL.U22

Based on our trend formula, QMCL.U22 is rated as a -80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-80
Smart Scan Analysis for QMCL.U22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
80.77 80.77 80.77 79.34 -1.43
Prev. Close Volume Bid Ask Time
80.13 0 80.32 80.62 2022-01-21 16:10:29
52wk High80.5452wk High Date2022-01-27
52wk Low62.1952wk Low Date2021-12-02
Volatility32.6Expiration2022-08-19
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