Spread Trend Analysis Report
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.
MarketClub’s Trade Triangles for QMCL.F22-QMCL.N22
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 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).
|52wk High||7.01||52wk High Date||2021-11-02|
|52wk Low||1.15||52wk Low Date||2021-12-03|