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Prepared for you on Monday, March 1, 2021.

CRUDE OIL JUN 22/JUL 22 (NYMEX:QCL.M22-QCL.N22)

Bear Market Rally (-75) - QCL.M22-QCL.N22 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on QCL.M22-QCL.N22 as it may be in the beginning of a reversal.

Is it time to buy, sell, or avoid QCL.M22-QCL.N22?

MarketClub looks at technical strength and momentum to determine if the timing is right for QCL.M22-QCL.N22.

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

NYMEX_QCL.M22-QCL.N22
Open High Low QCL.M22-QCL.N22 Price Change
0.33 0.34 0.32 0.32 -0.03
Entry Signal

MarketClub’s Trade Triangles for QCL.M22-QCL.N22

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.M22-QCL.N22

Based on our trend formula, QCL.M22-QCL.N22 is rated as a -80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-80
Smart Scan Analysis for QCL.M22-QCL.N22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.33 0.34 0.32 0.32 -0.03
Prev. Close Volume Bid Ask Time
0.35 240 0.31 0.33 2021-02-26 16:55:43
52wk High0.3652wk High Date2021-02-24
52wk Low-0.2652wk Low Date2020-05-01
Expiration2022-05-20
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