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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.

NYMEX_QM.G23
Open High Low QM.G23 Price Change
81.05 81.05 77.00 76.73 -5.10
Entry Signal

MarketClub’s Trade Triangles for QM.G23

long term down The long-term trend has been DOWN since Jul 6th, 2022 at 87.5

intermediate term down The intermediate-term trend has been DOWN since Sep 7th, 2022 at 84.4

short term down 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).

-100
Smart Scan Analysis for QM.G23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
81.05 81.05 77.00 76.73 -5.10
Prev. Close Volume Bid Ask Time
77.10 9 2022-09-23 10:08:45
Expiration2023-01-19Open Time18:00
Close Time17:00
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