Free Daily Analysis

Future Trend Analysis Report

Prepared for you on Sunday, May 16, 2021.

CRUDE OIL (E-MINI) Aug 2021 (NYMEX:QM.Q21)

Countertrend Up (+85) - QM.Q21 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.Q21?

MarketClub looks at technical strength and momentum to determine if the timing is right for QM.Q21.

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

NYMEX_QM.Q21
Open High Low QM.Q21 Price Change
63.750 65.250 63.250 65.160 +1.625
Entry Signal

MarketClub’s Trade Triangles for QM.Q21

long term up The long-term trend has been UP since Dec 9th, 2020 at 45.375

intermediate term up The intermediate-term trend has been UP since Apr 14th, 2021 at 60.850

short term down The short-term trend has been DOWN since May 13th, 2021 at 64.450

Smart Scan Analysis for QM.Q21

Based on our trend formula, QM.Q21 is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for QM.Q21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
63.750 65.250 63.250 65.160 +1.625
Prev. Close Volume Bid Ask Time
65.300 124 2021-05-14 16:49:47
Expiration2021-07-19Open Time18:00
Close Time17:00
Get a free daily analysis and signals for CRUDE OIL (E-MINI) Aug 2021 (QM.Q21) - Request Your Free Report.