Future Trend Analysis Report
Prepared for you on Monday, August 3, 2020.
CRUDE OIL (E-MINI) Mar 2021 (NYMEX:QM.H21)
Countertrend Up (+85) - QM.H21 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.H21?
MarketClub looks at technical strength and momentum to determine if the timing is right for QM.H21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QM.H21
The long-term trend has been UP since Jul 15th, 2020 at 41.600
The intermediate-term trend has been UP since May 18th, 2020 at 32.825
The short-term trend has been UP since Jul 15th, 2020 at 41.600
Smart Scan Analysis for QM.H21
Based on our trend formula, QM.H21 is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).