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Prepared for you on Tuesday, January 18, 2022.

MICRO WTI CRUDE OIL JUN 22/AUG 22 (NYMEX:QMCL.M22-QMCL.Q22)

Long-Term Downtrend (-90) - QMCL.M22-QMCL.Q22 is in a strong downtrend that is likely to continue. While QMCL.M22-QMCL.Q22 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.M22-QMCL.Q22?

MarketClub looks at technical strength and momentum to determine if the timing is right for QMCL.M22-QMCL.Q22.

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

NYMEX_QMCL.M22-QMCL.Q22
Open High Low QMCL.M22-QMCL.Q22 Price Change
1.70 1.70 1.70 1.70 0.00
Entry Signal

MarketClub’s Trade Triangles for QMCL.M22-QMCL.Q22

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.M22-QMCL.Q22

Based on our trend formula, QMCL.M22-QMCL.Q22 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for QMCL.M22-QMCL.Q22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.70 1.70 1.70 1.70 0.00
Prev. Close Volume Bid Ask Time
1.70 0 4.58 2022-01-14 00:00:00
Expiration2022-05-19
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