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Prepared for you on Saturday, December 4, 2021.

CRUDE OIL JAN 24/DEC 24 (NYMEX:QCL.F24-QCL.Z24)

Long-Term Downtrend (-90) - QCL.F24-QCL.Z24 is in a strong downtrend that is likely to continue. While QCL.F24-QCL.Z24 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 QCL.F24-QCL.Z24?

MarketClub looks at technical strength and momentum to determine if the timing is right for QCL.F24-QCL.Z24.

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

NYMEX_QCL.F24-QCL.Z24
Open High Low QCL.F24-QCL.Z24 Price Change
1.2 1.2 1.2 1.2 0.0
Entry Signal

MarketClub’s Trade Triangles for QCL.F24-QCL.Z24

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 QCL.F24-QCL.Z24

Based on our trend formula, QCL.F24-QCL.Z24 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for QCL.F24-QCL.Z24
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.2 1.2 1.2 1.2 0.0
Prev. Close Volume Bid Ask Time
1.5 0 2021-12-02 00:00:00
Expiration2023-12-19
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