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Prepared for you on Monday, April 12, 2021.

LOOP GULF COAST SOUR CRUDE OIL MAY 21/OCT 21 (NYMEX:QMB.K21-QMB.V21)

Long-Term Downtrend (-90) - QMB.K21-QMB.V21 is in a strong downtrend that is likely to continue. While QMB.K21-QMB.V21 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.K21-QMB.V21?

MarketClub looks at technical strength and momentum to determine if the timing is right for QMB.K21-QMB.V21.

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

NYMEX_QMB.K21-QMB.V21
Open High Low QMB.K21-QMB.V21 Price Change
1.21 1.21 1.21 1.21 0.00
Entry Signal

MarketClub’s Trade Triangles for QMB.K21-QMB.V21

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.K21-QMB.V21

Based on our trend formula, QMB.K21-QMB.V21 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for QMB.K21-QMB.V21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.21 1.21 1.21 1.21 0.00
Prev. Close Volume Bid Ask Time
1.21 0 2021-04-09 00:00:00
Expiration2021-04-20
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