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Spread Trend Analysis Report
Prepared for you on Friday, May 20, 2022.
LOOP GULF COAST SOUR CRUDE OIL JAN 23/SEP 23 (NYMEX:QMB.F23-QMB.U23)
Strong Downtrend (-100) - QMB.F23-QMB.U23 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, QMB.F23-QMB.U23 continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid QMB.F23-QMB.U23?
MarketClub looks at technical strength and momentum to determine if the timing is right for QMB.F23-QMB.U23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for QMB.F23-QMB.U23
The long-term trend has been DOWN since at
The intermediate-term trend has been DOWN since at
The short-term trend has been DOWN since at
Smart Scan Analysis for QMB.F23-QMB.U23
Based on our trend formula, QMB.F23-QMB.U23 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 8.09 | 8.09 | 8.09 | 8.09 | 0.00 |
| Prev. Close | Volume | Bid | Ask | Time |
| 8.09 | 0 | 2022-05-19 00:00:00 |
| Expiration | 2022-12-20 |