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Prepared for you on Wednesday, February 26, 2020.

CRUDE OIL MAY 20/FEB 22 (NYMEX:QCL.K20-QCL.G22)

Strong Downtrend (-100) - QCL.K20-QCL.G22 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.K20-QCL.G22?

MarketClub looks at technical strength and momentum to determine if the timing is right for QCL.K20-QCL.G22.

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NYMEX_QCL.K20-QCL.G22
Open High Low QCL.K20-QCL.G22 Price Change
2 2 2 2 0
Entry Signal

MarketClub’s Trade Triangles for QCL.K20-QCL.G22

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.K20-QCL.G22

Based on our trend formula, QCL.K20-QCL.G22 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for QCL.K20-QCL.G22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2 2 2 2 0
Prev. Close Volume Bid Ask Time
1 0 2020-02-24 00:00:00
Expiration2020-04-21
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