Future Trend Analysis Report
Prepared for you on Saturday, September 24, 2022.
CRUDE OIL (E-MINI) Feb 2023 (NYMEX:QM.G23)
Strong Downtrend (-100) - QM.G23 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, QM.G23 continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid QM.G23?
MarketClub looks at technical strength and momentum to determine if the timing is right for QM.G23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QM.G23
The long-term trend has been DOWN since Jul 6th, 2022 at 87.5
The intermediate-term trend has been DOWN since Sep 7th, 2022 at 84.4
The short-term trend has been DOWN since Sep 20th, 2022 at 81.2
Smart Scan Analysis for QM.G23
Based on our trend formula, QM.G23 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).