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Prepared for you on Sunday, April 11, 2021.

LOOP GULF COAST SOUR CRUDE OIL APR 22/JUN 22 (NYMEX:QMB.J22-QMB.M22)

Long-Term Downtrend (-90) - QMB.J22-QMB.M22 is in a strong downtrend that is likely to continue. While QMB.J22-QMB.M22 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 QMB.J22-QMB.M22?

MarketClub looks at technical strength and momentum to determine if the timing is right for QMB.J22-QMB.M22.

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

NYMEX_QMB.J22-QMB.M22
Open High Low QMB.J22-QMB.M22 Price Change
0.44 0.44 0.44 0.44 0.00
Entry Signal

MarketClub’s Trade Triangles for QMB.J22-QMB.M22

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 QMB.J22-QMB.M22

Based on our trend formula, QMB.J22-QMB.M22 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for QMB.J22-QMB.M22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.44 0.44 0.44 0.44 0.00
Prev. Close Volume Bid Ask Time
0.50 0 2021-04-08 00:00:00
Expiration2022-03-22
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