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Prepared for you on Friday, August 19, 2022.

BRENT CRUDE OIL - PENULTIMATE FINANCIAL NOV 22/APR 24 (NYMEX:QBB.X22-QBB.J24)

Strong Downtrend (-100) - QBB.X22-QBB.J24 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, QBB.X22-QBB.J24 continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid QBB.X22-QBB.J24?

MarketClub looks at technical strength and momentum to determine if the timing is right for QBB.X22-QBB.J24.

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

NYMEX_QBB.X22-QBB.J24
Open High Low QBB.X22-QBB.J24 Price Change
8.3 8.3 8.3 8.3 0.0
Entry Signal

MarketClub’s Trade Triangles for QBB.X22-QBB.J24

long term down The long-term trend has been DOWN since at

intermediate term down The intermediate-term trend has been DOWN since at

short term down The short-term trend has been DOWN since at

Smart Scan Analysis for QBB.X22-QBB.J24

Based on our trend formula, QBB.X22-QBB.J24 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for QBB.X22-QBB.J24
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
8.3 8.3 8.3 8.3 0.0
Prev. Close Volume Bid Ask Time
9.1 0 2022-08-17 00:00:00
Expiration2022-09-29
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