
Spread Trend Analysis Report
Prepared for you on Sunday, May 22, 2022.
LOOP GULF COAST SOUR CRUDE OIL OCT 22/SEP 23 (NYMEX:QMB.V22-QMB.U23)
Long-Term Downtrend (-90) - QMB.V22-QMB.U23 is in a strong downtrend that is likely to continue. While QMB.V22-QMB.U23 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.V22-QMB.U23?
MarketClub looks at technical strength and momentum to determine if the timing is right for QMB.V22-QMB.U23.
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.V22-QMB.U23
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.V22-QMB.U23
Based on our trend formula, QMB.V22-QMB.U23 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

Open | High | Low | Price | Change |
---|---|---|---|---|
13.4 | 13.4 | 13.4 | 13.4 | 0.0 |
Prev. Close | Volume | Bid | Ask | Time |
14.3 | 0 | 2022-05-19 00:00:00 |
Expiration | 2022-09-20 |