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Future Trend Analysis Report

Prepared for you on Tuesday, January 26, 2021.

CRUDE OIL (E-MINI) Apr 2021 (NYMEX:QM.J21)

Countertrend Up (+85) - QM.J21 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.J21?

MarketClub looks at technical strength and momentum to determine if the timing is right for QM.J21.

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

NYMEX_QM.J21
Open High Low QM.J21 Price Change
52.675 52.675 52.675 52.675 0.000
Entry Signal

MarketClub’s Trade Triangles for QM.J21

long term up The long-term trend has been UP since Nov 24th, 2020 at 44.875

intermediate term up The intermediate-term trend has been UP since Nov 10th, 2020 at 42.550

short term down The short-term trend has been DOWN since Jan 15th, 2021 at 52.775

Smart Scan Analysis for QM.J21

Based on our trend formula, QM.J21 is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for QM.J21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
52.675 52.675 52.675 52.675 0.000
Prev. Close Volume Bid Ask Time
40.400 2 2021-01-26 18:52:33
Expiration2021-03-19Open Time18:00
Close Time17:00
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