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Prepared for you on Friday, July 1, 2022.

CRUDE OIL AUG 23/JUL 24 (NYMEX:QCL.Q23-QCL.N24)

Strong Downtrend (-100) - QCL.Q23-QCL.N24 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, QCL.Q23-QCL.N24 continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid QCL.Q23-QCL.N24?

MarketClub looks at technical strength and momentum to determine if the timing is right for QCL.Q23-QCL.N24.

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

NYMEX_QCL.Q23-QCL.N24
Open High Low QCL.Q23-QCL.N24 Price Change
7.35 7.35 7.35 7.35 0.00
Entry Signal

MarketClub’s Trade Triangles for QCL.Q23-QCL.N24

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.Q23-QCL.N24

Based on our trend formula, QCL.Q23-QCL.N24 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for QCL.Q23-QCL.N24
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
7.35 7.35 7.35 7.35 0.00
Prev. Close Volume Bid Ask Time
7.35 0 2022-06-30 00:00:00
Expiration2023-07-20
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