Free Daily Analysis
Spread Trend Analysis Report
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.
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MarketClub’s Trade Triangles for QMB.X21-QMB.F22
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.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).
| 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 |
| Expiration | 2021-10-20 |