Spread Trend Analysis Report
Prepared for you on Tuesday, January 18, 2022.
MICRO WTI CRUDE OIL MAR 22/MAY 22 (NYMEX:QMCL.H22-QMCL.K22)
Long-Term Downtrend (-90) - QMCL.H22-QMCL.K22 is in a strong downtrend that is likely to continue. While QMCL.H22-QMCL.K22 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.H22-QMCL.K22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QMCL.H22-QMCL.K22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QMCL.H22-QMCL.K22
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.H22-QMCL.K22
Based on our trend formula, QMCL.H22-QMCL.K22 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||1.93||52wk High Date||2022-01-16|
|52wk Low||0.51||52wk Low Date||2021-12-20|