Spread Trend Analysis Report
Prepared for you on Saturday, May 15, 2021.
LOOP GULF COAST SOUR CRUDE OIL JUL 21/FEB 22 (NYMEX:QMB.N21-QMB.G22)
Strong Downtrend (-100) - QMB.N21-QMB.G22 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid QMB.N21-QMB.G22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QMB.N21-QMB.G22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QMB.N21-QMB.G22
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.N21-QMB.G22
Based on our trend formula, QMB.N21-QMB.G22 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).