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Prepared for you on Wednesday, December 8, 2021.

MICRO WTI CRUDE OIL JAN 22/JUL 22 (NYMEX:QMCL.F22-QMCL.N22)

Long-Term Downtrend (-90) - QMCL.F22-QMCL.N22 is in a strong downtrend that is likely to continue. While QMCL.F22-QMCL.N22 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 QMCL.F22-QMCL.N22?

MarketClub looks at technical strength and momentum to determine if the timing is right for QMCL.F22-QMCL.N22.

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

NYMEX_QMCL.F22-QMCL.N22
Open High Low QMCL.F22-QMCL.N22 Price Change
1.79 1.79 1.79 1.58 -0.21
Entry Signal

MarketClub’s Trade Triangles for QMCL.F22-QMCL.N22

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 QMCL.F22-QMCL.N22

Based on our trend formula, QMCL.F22-QMCL.N22 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for QMCL.F22-QMCL.N22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.79 1.79 1.79 1.58 -0.21
Prev. Close Volume Bid Ask Time
1.79 0 0.65 8.66 2021-12-06 23:55:45
52wk High7.0152wk High Date2021-11-02
52wk Low1.1552wk Low Date2021-12-03
Expiration2021-12-17
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