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Prepared for you on Thursday, December 2, 2021.

WTI BRENT CALENDAR MAY 23/OCT 23 (NYMEX:QBK.K23-QBK.V23)

Long-Term Downtrend (-90) - QBK.K23-QBK.V23 is in a strong downtrend that is likely to continue. While QBK.K23-QBK.V23 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 QBK.K23-QBK.V23?

MarketClub looks at technical strength and momentum to determine if the timing is right for QBK.K23-QBK.V23.

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

NYMEX_QBK.K23-QBK.V23
Open High Low QBK.K23-QBK.V23 Price Change
0.3 0.3 0.3 0.3 0.0
Entry Signal

MarketClub’s Trade Triangles for QBK.K23-QBK.V23

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 QBK.K23-QBK.V23

Based on our trend formula, QBK.K23-QBK.V23 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for QBK.K23-QBK.V23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.3 0.3 0.3 0.3 0.0
Prev. Close Volume Bid Ask Time
0.3 0 2021-12-01 00:00:00
Expiration2023-05-31
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