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Prepared for you on Monday, April 6, 2020.

CRUDE OIL NOV 20/MAY 22 (NYMEX:QCL.X20-QCL.K22)

Long-Term Downtrend (-90) - QCL.X20-QCL.K22 is in a strong downtrend that is likely to continue. While QCL.X20-QCL.K22 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.X20-QCL.K22?

MarketClub looks at technical strength and momentum to determine if the timing is right for QCL.X20-QCL.K22.

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NYMEX_QCL.X20-QCL.K22
Open High Low QCL.X20-QCL.K22 Price Change
-5.1 -5.1 -5.1 -5.1 0.0
Entry Signal

MarketClub’s Trade Triangles for QCL.X20-QCL.K22

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.X20-QCL.K22

Based on our trend formula, QCL.X20-QCL.K22 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for QCL.X20-QCL.K22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
-5.1 -5.1 -5.1 -5.1 0.0
Prev. Close Volume Bid Ask Time
-5.1 0 2020-04-03 00:00:00
Expiration2020-10-20
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