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Prepared for you on Monday, July 6, 2020.

BRENT CRUDE OIL LAST DAY APR 21/JUN 21 (NYMEX:QBZ.J21-QBZ.M21)

Bear Market Rally (-75) - QBZ.J21-QBZ.M21 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on QBZ.J21-QBZ.M21 as it may be in the beginning of a reversal.

Is it time to buy, sell, or avoid QBZ.J21-QBZ.M21?

MarketClub looks at technical strength and momentum to determine if the timing is right for QBZ.J21-QBZ.M21.

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

NYMEX_QBZ.J21-QBZ.M21
Open High Low QBZ.J21-QBZ.M21 Price Change
-0.41 -0.41 -0.45 -0.42 -0.02
Entry Signal

MarketClub’s Trade Triangles for QBZ.J21-QBZ.M21

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 QBZ.J21-QBZ.M21

Based on our trend formula, QBZ.J21-QBZ.M21 is rated as a -80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-80
Smart Scan Analysis for QBZ.J21-QBZ.M21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
-0.41 -0.41 -0.45 -0.42 -0.02
Prev. Close Volume Bid Ask Time
-0.40 8 -0.43 -0.41 2020-07-06 04:17:31
52wk High0.1252wk High Date2020-02-13
52wk Low-1.0452wk Low Date2020-04-28
Expiration2021-02-26
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