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Spread Trend Analysis Report
Prepared for you on Friday, May 20, 2022.
LOOP GULF COAST SOUR CRUDE OIL SEP 22/JAN 24 (NYMEX:QMB.U22-QMB.F24)
Long-Term Downtrend (-90) - QMB.U22-QMB.F24 is in a strong downtrend that is likely to continue. While QMB.U22-QMB.F24 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.U22-QMB.F24?
MarketClub looks at technical strength and momentum to determine if the timing is right for QMB.U22-QMB.F24.
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.U22-QMB.F24
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.U22-QMB.F24
Based on our trend formula, QMB.U22-QMB.F24 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 19.48 | 19.48 | 19.48 | 19.48 | 0.00 |
| Prev. Close | Volume | Bid | Ask | Time |
| 19.85 | 0 | 2022-05-18 00:00:00 |
| Expiration | 2022-08-22 |