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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.

NYMEX_QMCL.H22-QMCL.K22
Open High Low QMCL.H22-QMCL.K22 Price Change
1.48 1.80 1.40 1.65 +0.12
Entry Signal

MarketClub’s Trade Triangles for QMCL.H22-QMCL.K22

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.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).

-90
Smart Scan Analysis for QMCL.H22-QMCL.K22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.48 1.80 1.40 1.65 +0.12
Prev. Close Volume Bid Ask Time
1.74 25 2022-01-14 14:44:13
52wk High1.9352wk High Date2022-01-16
52wk Low0.5152wk Low Date2021-12-20
Expiration2022-02-18
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