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Prepared for you on Sunday, October 2, 2022.

CRUDE OIL MAR 24/FEB 26 (NYMEX:QCL.H24-QCL.G26)

Long-Term Downtrend (-90) - QCL.H24-QCL.G26 is in a strong downtrend that is likely to continue. While QCL.H24-QCL.G26 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.H24-QCL.G26?

MarketClub looks at technical strength and momentum to determine if the timing is right for QCL.H24-QCL.G26.

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

NYMEX_QCL.H24-QCL.G26
Open High Low QCL.H24-QCL.G26 Price Change
6.97 6.97 6.97 6.97 0.00
Entry Signal

MarketClub’s Trade Triangles for QCL.H24-QCL.G26

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.H24-QCL.G26

Based on our trend formula, QCL.H24-QCL.G26 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for QCL.H24-QCL.G26
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
6.97 6.97 6.97 6.97 0.00
Prev. Close Volume Bid Ask Time
6.81 0 2022-09-29 00:00:00
Expiration2024-02-20
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