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.
MarketClub’s Trade Triangles for QM.Q22
The long-term trend has been UP since Jan 11th, 2022 at 76.325
The intermediate-term trend has been UP since Dec 20th, 2021 at 65.600
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).