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Future Trend Analysis Report

Prepared for you on Thursday, January 20, 2022.

CRUDE OIL (E-MINI) Aug 2022 (NYMEX:QM.Q22)

Countertrend Up (+85) - QM.Q22 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.Q22?

MarketClub looks at technical strength and momentum to determine if the timing is right for QM.Q22.

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

NYMEX_QM.Q22
Open High Low QM.Q22 Price Change
81.400 81.400 81.400 81.400 +0.525
Entry Signal

MarketClub’s Trade Triangles for QM.Q22

long term up The long-term trend has been UP since Jan 11th, 2022 at 76.325

intermediate term up The intermediate-term trend has been UP since Dec 20th, 2021 at 65.600

short term up The short-term trend has been UP since Dec 27th, 2021 at 65.750

Smart Scan Analysis for QM.Q22

Based on our trend formula, QM.Q22 is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for QM.Q22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
81.400 81.400 81.400 81.400 +0.525
Prev. Close Volume Bid Ask Time
80.875 1 2022-01-20 11:13:16
Expiration2022-07-19Open Time18:00
Close Time17:00
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