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Future Trend Analysis Report

Prepared for you on Saturday, October 23, 2021.

CRUDE OIL APRIL 2022 (NYMEX:QCL.J22)

Countertrend Up (+85) - QCL.J22 is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

Is it time to buy, sell, or avoid QCL.J22?

MarketClub looks at technical strength and momentum to determine if the timing is right for QCL.J22.

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

NYMEX_QCL.J22
Open High Low QCL.J22 Price Change
78.00 78.76 77.40 78.32 +0.28
Entry Signal

MarketClub’s Trade Triangles for QCL.J22

long term up The long-term trend has been UP since Feb 2nd, 2021 at 50.27

intermediate term up The intermediate-term trend has been UP since Aug 30th, 2021 at 66.47

short term down The short-term trend has been DOWN since Oct 21st, 2021 at 77.56

Smart Scan Analysis for QCL.J22

Based on our trend formula, QCL.J22 is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for QCL.J22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
78.00 78.76 77.40 78.32 +0.28
Prev. Close Volume Bid Ask Time
78.04 38100 78.30 78.32 2021-10-22 12:56:14
52wk High79.552wk High Date2021-10-20
52wk Low34.7452wk Low Date2020-05-04
Volatility27.03Expiration2022-03-22
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