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Prepared for you on Saturday, May 15, 2021.

BRENT CRUDE OIL LAST DAY MAY 22/NOV 23 (NYMEX:QBZ.K22-QBZ.X23)

Strong Downtrend (-100) - QBZ.K22-QBZ.X23 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid QBZ.K22-QBZ.X23?

MarketClub looks at technical strength and momentum to determine if the timing is right for QBZ.K22-QBZ.X23.

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

NYMEX_QBZ.K22-QBZ.X23
Open High Low QBZ.K22-QBZ.X23 Price Change
3.82 3.82 3.82 3.82 0.00
Entry Signal

MarketClub’s Trade Triangles for QBZ.K22-QBZ.X23

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.K22-QBZ.X23

Based on our trend formula, QBZ.K22-QBZ.X23 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for QBZ.K22-QBZ.X23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.82 3.82 3.82 3.82 0.00
Prev. Close Volume Bid Ask Time
3.52 0 2021-05-13 00:00:00
Expiration2022-03-31
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