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Prepared for you on Thursday, May 26, 2022.

MICRO WTI CRUDE OIL JUL 22/JAN 23 (NYMEX:QMCL.N22-QMCL.F23)

Strong Downtrend (-100) - QMCL.N22-QMCL.F23 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, QMCL.N22-QMCL.F23 continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid QMCL.N22-QMCL.F23?

MarketClub looks at technical strength and momentum to determine if the timing is right for QMCL.N22-QMCL.F23.

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

NYMEX_QMCL.N22-QMCL.F23
Open High Low QMCL.N22-QMCL.F23 Price Change
13.59 13.59 13.59 14.50 +0.91
Entry Signal

MarketClub’s Trade Triangles for QMCL.N22-QMCL.F23

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.N22-QMCL.F23

Based on our trend formula, QMCL.N22-QMCL.F23 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for QMCL.N22-QMCL.F23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
13.59 13.59 13.59 14.50 +0.91
Prev. Close Volume Bid Ask Time
13.45 0 -0.51 22.38 2022-05-23 14:25:23
52wk High14.9252wk High Date2022-05-19
52wk Low7.852wk Low Date2022-04-26
Expiration2022-06-17
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