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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.

NYMEX_QM.J22
Open High Low QM.J22 Price Change
83.575 84.525 81.950 84.140 +0.500
Entry Signal

MarketClub’s Trade Triangles for QM.J22

long term up The long-term trend has been UP since Jan 11th, 2022 at 79.325

intermediate term up The intermediate-term trend has been UP since Dec 22nd, 2021 at 72.000

short term down 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).

+85
Smart Scan Analysis for QM.J22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
83.575 84.525 81.950 84.140 +0.500
Prev. Close Volume Bid Ask Time
84.050 1546 2022-01-21 16:59:00
Expiration2022-03-21Open Time18:00
Close Time17:00
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