Spread Trend Analysis Report
Prepared for you on Wednesday, May 12, 2021.
CRUDE OIL FEB 24/OCT 24 (NYMEX:QCL.G24-QCL.V24)
Strong Downtrend (-100) - QCL.G24-QCL.V24 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 QCL.G24-QCL.V24?
MarketClub looks at technical strength and momentum to determine if the timing is right for QCL.G24-QCL.V24.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QCL.G24-QCL.V24
The long-term trend has been DOWN since at
The intermediate-term trend has been DOWN since at
The short-term trend has been DOWN since at
Smart Scan Analysis for QCL.G24-QCL.V24
Based on our trend formula, QCL.G24-QCL.V24 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).