Future Trend Analysis Report
Prepared for you on Monday, September 20, 2021.
CRUDE OIL (E-MINI) Aug 2022 (NYMEX:QM.Q22)
Bull Market Weakness (+75) - QM.Q22 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on QM.Q22 as it may be in the beginning stages of a reversal.
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 Sep 15th, 2021 at 66.700
The intermediate-term trend has been UP since Aug 29th, 2021 at 63.925
The short-term trend has been UP since Aug 29th, 2021 at 64.700
Smart Scan Analysis for QM.Q22
Based on our trend formula, QM.Q22 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).