Future Trend Analysis Report
Prepared for you on Friday, September 22, 2023.
CRUDE OIL (E-MINI) Jan 2024 (NYMEX:QM.F24)
Bull Market Weakness (+75) - QM.F24 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on QM.F24 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid QM.F24?
MarketClub looks at technical strength and momentum to determine if the timing is right for QM.F24.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QM.F24
The long-term trend has been UP since Jul 26th, 2023 at 77.075
The intermediate-term trend has been UP since Sep 1st, 2023 at 81.500
The short-term trend has been DOWN since Sep 20th, 2023 at 87.475
Smart Scan Analysis for QM.F24
Based on our trend formula, QM.F24 is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).