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Future Trend Analysis Report

Prepared for you on Friday, October 22, 2021.

MICRO WTI CRUDE OIL Nov 2021 (NYMEX:QMCL.X21)

Long-Term Uptrend (+90) - QMCL.X21 is in a strong uptrend that is likely to continue. While QMCL.X21 is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

Is it time to buy, sell, or avoid QMCL.X21?

MarketClub looks at technical strength and momentum to determine if the timing is right for QMCL.X21.

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

NYMEX_QMCL.X21
Open High Low QMCL.X21 Price Change
82.34 83.72 81.84 82.88 +0.44
Entry Signal

MarketClub’s Trade Triangles for QMCL.X21

long term up The long-term trend has been UP since Sep 15th, 2021 at 72.69

intermediate term up The intermediate-term trend has been UP since Aug 30th, 2021 at 68.99

short term up The short-term trend has been UP since Oct 15th, 2021 at 81.67

Smart Scan Analysis for QMCL.X21

Based on our trend formula, QMCL.X21 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for QMCL.X21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
82.34 83.72 81.84 82.88 +0.44
Prev. Close Volume Bid Ask Time
82.44 0 2021-10-19 14:29:56
52wk High83.8752wk High Date2021-10-18
52wk Low61.4852wk Low Date2021-08-22
Volatility30.92Expiration2021-10-19
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