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Prepared for you on Thursday, April 22, 2021.

LOOP GULF COAST SOUR CRUDE OIL NOV 21/JAN 22 (NYMEX:QMB.X21-QMB.F22)

Long-Term Downtrend (-90) - QMB.X21-QMB.F22 is in a strong downtrend that is likely to continue. While QMB.X21-QMB.F22 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.X21-QMB.F22?

MarketClub looks at technical strength and momentum to determine if the timing is right for QMB.X21-QMB.F22.

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

NYMEX_QMB.X21-QMB.F22
Open High Low QMB.X21-QMB.F22 Price Change
1.05 1.05 1.05 1.05 0.00
Entry Signal

MarketClub’s Trade Triangles for QMB.X21-QMB.F22

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.X21-QMB.F22

Based on our trend formula, QMB.X21-QMB.F22 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for QMB.X21-QMB.F22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.05 1.05 1.05 1.05 0.00
Prev. Close Volume Bid Ask Time
1.06 0 2021-04-16 00:00:00
Expiration2021-10-20
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