Free Daily Analysis

Future Trend Analysis Report

Prepared for you on Monday, December 6, 2021.

CRUDE OIL (E-MINI) Mar 2022 (NYMEX:QM.H22)

Countertrend Down (-85) - QM.H22 is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

Is it time to buy, sell, or avoid QM.H22?

MarketClub looks at technical strength and momentum to determine if the timing is right for QM.H22.

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

NYMEX_QM.H22
Open High Low QM.H22 Price Change
69.300 69.325 69.225 69.325 -0.250
Entry Signal

MarketClub’s Trade Triangles for QM.H22

long term down The long-term trend has been DOWN since Dec 1st, 2021 at 65.750

intermediate term down The intermediate-term trend has been DOWN since Nov 3rd, 2021 at 76.875

short term up The short-term trend has been UP since Dec 3rd, 2021 at 67.400

Smart Scan Analysis for QM.H22

Based on our trend formula, QM.H22 is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for QM.H22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
69.300 69.325 69.225 69.325 -0.250
Prev. Close Volume Bid Ask Time
66.050 7 2021-12-06 19:10:11
Expiration2022-02-18Open Time18:00
Close Time17:00
Get a free daily analysis and signals for CRUDE OIL (E-MINI) Mar 2022 (QM.H22) - Request Your Free Report.