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Future Trend Analysis Report

Prepared for you on Saturday, November 28, 2020.

CRUDE OIL (E-MINI) Feb 2021 (NYMEX:QM.G21)

Countertrend Up (+85) - QM.G21 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 QM.G21?

MarketClub looks at technical strength and momentum to determine if the timing is right for QM.G21.

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

NYMEX_QM.G21
Open High Low QM.G21 Price Change
45.900 46.275 44.775 45.800 +0.725
Entry Signal

MarketClub’s Trade Triangles for QM.G21

long term up The long-term trend has been UP since Nov 24th, 2020 at 44.475

intermediate term up The intermediate-term trend has been UP since Nov 10th, 2020 at 42.125

short term down The short-term trend has been DOWN since Nov 27th, 2020 at 44.925

Smart Scan Analysis for QM.G21

Based on our trend formula, QM.G21 is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for QM.G21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
45.900 46.275 44.775 45.800 +0.725
Prev. Close Volume Bid Ask Time
39.775 645 2020-11-27 13:34:34
Expiration2021-01-19Open Time18:00
Close Time17:00
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