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Future Trend Analysis Report

Prepared for you on Wednesday, January 26, 2022.

MINI RBOB VS GAS EURO-BOB OXY NWE MAY 2024 (NYMEX:QMXB.K24)

Long-Term Downtrend (-90) - QMXB.K24 is in a strong downtrend that is likely to continue. While QMXB.K24 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid QMXB.K24?

MarketClub looks at technical strength and momentum to determine if the timing is right for QMXB.K24.

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

NYMEX_QMXB.K24
Open High Low QMXB.K24 Price Change
0.2043 0.2043 0.2043 0.2043 0.0000
Entry Signal

MarketClub’s Trade Triangles for QMXB.K24

long term down The long-term trend has been DOWN since Jun 11th, 2021 at 0.2808

intermediate term down The intermediate-term trend has been DOWN since Aug 16th, 2021 at 0.2425

short term down The short-term trend has been DOWN since Sep 9th, 2021 at 0.2332

Smart Scan Analysis for QMXB.K24

Based on our trend formula, QMXB.K24 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for QMXB.K24
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.2043 0.2043 0.2043 0.2043 0.0000
Prev. Close Volume Bid Ask Time
0.2043 0 2022-01-25 00:00:00
Volatility74.72Expiration2024-05-31
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