Future Trend Analysis Report
Prepared for you on Saturday, January 22, 2022.
CRUDE OIL (E-MINI) Apr 2022 (NYMEX:QM.J22)
Countertrend Up (+85) - QM.J22 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.J22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QM.J22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QM.J22
The long-term trend has been UP since Jan 11th, 2022 at 79.325
The intermediate-term trend has been UP since Dec 22nd, 2021 at 72.000
The short-term trend has been DOWN since Jan 20th, 2022 at 82.750
Smart Scan Analysis for QM.J22
Based on our trend formula, QM.J22 is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).