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Prepared for you on Saturday, May 28, 2022.

MICRO WTI CRUDE OIL OCT 22/JAN 23 (NYMEX:QMCL.V22-QMCL.F23)

Long-Term Downtrend (-90) - QMCL.V22-QMCL.F23 is in a strong downtrend that is likely to continue. While QMCL.V22-QMCL.F23 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.V22-QMCL.F23?

MarketClub looks at technical strength and momentum to determine if the timing is right for QMCL.V22-QMCL.F23.

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

NYMEX_QMCL.V22-QMCL.F23
Open High Low QMCL.V22-QMCL.F23 Price Change
6.22 6.22 6.22 6.22 0.00
Entry Signal

MarketClub’s Trade Triangles for QMCL.V22-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.V22-QMCL.F23

Based on our trend formula, QMCL.V22-QMCL.F23 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for QMCL.V22-QMCL.F23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
6.22 6.22 6.22 6.22 0.00
Prev. Close Volume Bid Ask Time
6.22 0 -96.60 41.75 2022-05-26 00:00:00
Expiration2022-09-19
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