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Prepared for you on Saturday, May 21, 2022.

BRENT CRUDE OIL LAST DAY MAY 24/APR 28 (NYMEX:QBZ.K24-QBZ.J28)

Strong Downtrend (-100) - QBZ.K24-QBZ.J28 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, QBZ.K24-QBZ.J28 continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid QBZ.K24-QBZ.J28?

MarketClub looks at technical strength and momentum to determine if the timing is right for QBZ.K24-QBZ.J28.

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

NYMEX_QBZ.K24-QBZ.J28
Open High Low QBZ.K24-QBZ.J28 Price Change
15.59 15.59 15.59 15.59 0.00
Entry Signal

MarketClub’s Trade Triangles for QBZ.K24-QBZ.J28

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.K24-QBZ.J28

Based on our trend formula, QBZ.K24-QBZ.J28 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for QBZ.K24-QBZ.J28
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
15.59 15.59 15.59 15.59 0.00
Prev. Close Volume Bid Ask Time
12.91 0 2022-05-17 00:00:00
Expiration2024-03-28
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