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Future Trend Analysis Report

Prepared for you on Thursday, March 4, 2021.

CRUDE OIL OCTOBER 2021 (NYMEX:QCL.V21)

Countertrend Up (+85) - QCL.V21 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.V21?

MarketClub looks at technical strength and momentum to determine if the timing is right for QCL.V21.

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

NYMEX_QCL.V21
Open High Low QCL.V21 Price Change
56.60 58.18 56.60 57.89 +0.92
Entry Signal

MarketClub’s Trade Triangles for QCL.V21

long term up The long-term trend has been UP since Dec 4th, 2020 at 46.00

intermediate term up The intermediate-term trend has been UP since Nov 9th, 2020 at 43.41

short term down The short-term trend has been DOWN since Mar 2nd, 2021 at 58.03

Smart Scan Analysis for QCL.V21

Based on our trend formula, QCL.V21 is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for QCL.V21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
56.60 58.18 56.60 57.89 +0.92
Prev. Close Volume Bid Ask Time
58.37 1595 57.86 57.88 2021-03-03 07:13:09
52wk High60.5552wk High Date2021-02-25
52wk Low31.2552wk Low Date2020-04-22
Volatility25.34Expiration2021-09-21
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