Free Daily Analysis

Future Trend Analysis Report

Prepared for you on Monday, May 10, 2021.

CRUDE OIL (E-MINI) Jul 2021 (NYMEX:QM.N21)

Long-Term Uptrend (+90) - QM.N21 is in a strong uptrend that is likely to continue. While QM.N21 is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

Is it time to buy, sell, or avoid QM.N21?

MarketClub looks at technical strength and momentum to determine if the timing is right for QM.N21.

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

NYMEX_QM.N21
Open High Low QM.N21 Price Change
65.425 65.725 63.975 64.750 -0.125
Entry Signal

MarketClub’s Trade Triangles for QM.N21

long term up The long-term trend has been UP since Nov 26th, 2020 at 45.525

intermediate term up The intermediate-term trend has been UP since Apr 14th, 2021 at 61.875

short term up The short-term trend has been UP since May 9th, 2021 at 65.650

Smart Scan Analysis for QM.N21

Based on our trend formula, QM.N21 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for QM.N21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
65.425 65.725 63.975 64.750 -0.125
Prev. Close Volume Bid Ask Time
64.850 2279 2021-05-10 15:23:06
Expiration2021-06-21Open Time18:00
Close Time17:00
Get a free daily analysis and signals for CRUDE OIL (E-MINI) Jul 2021 (QM.N21) - Request Your Free Report.