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.
MarketClub’s Trade Triangles for QM.N21
The long-term trend has been UP since Nov 26th, 2020 at 45.525
The intermediate-term trend has been UP since Apr 14th, 2021 at 61.875
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).