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Prepared for you on Monday, May 23, 2022.

LOOP GULF COAST SOUR CRUDE OIL AUG 23/DEC 23 (NYMEX:QMB.Q23-QMB.Z23)

Strong Downtrend (-100) - QMB.Q23-QMB.Z23 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, QMB.Q23-QMB.Z23 continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid QMB.Q23-QMB.Z23?

MarketClub looks at technical strength and momentum to determine if the timing is right for QMB.Q23-QMB.Z23.

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

NYMEX_QMB.Q23-QMB.Z23
Open High Low QMB.Q23-QMB.Z23 Price Change
2.93 2.93 2.93 2.93 0.00
Entry Signal

MarketClub’s Trade Triangles for QMB.Q23-QMB.Z23

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.Q23-QMB.Z23

Based on our trend formula, QMB.Q23-QMB.Z23 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for QMB.Q23-QMB.Z23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.93 2.93 2.93 2.93 0.00
Prev. Close Volume Bid Ask Time
2.93 0 2022-05-20 00:00:00
Expiration2023-07-20
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