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Prepared for you on Saturday, May 15, 2021.

CRUDE OIL AUG 22/AUG 24 (NYMEX:QCL.Q22-QCL.Q24)

Long-Term Downtrend (-90) - QCL.Q22-QCL.Q24 is in a strong downtrend that is likely to continue. While QCL.Q22-QCL.Q24 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.Q22-QCL.Q24?

MarketClub looks at technical strength and momentum to determine if the timing is right for QCL.Q22-QCL.Q24.

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

NYMEX_QCL.Q22-QCL.Q24
Open High Low QCL.Q22-QCL.Q24 Price Change
5.24 5.24 5.24 5.24 0.00
Entry Signal

MarketClub’s Trade Triangles for QCL.Q22-QCL.Q24

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.Q22-QCL.Q24

Based on our trend formula, QCL.Q22-QCL.Q24 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for QCL.Q22-QCL.Q24
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
5.24 5.24 5.24 5.24 0.00
Prev. Close Volume Bid Ask Time
5.09 0 2021-05-13 00:00:00
Expiration2022-07-20
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