Future Trend Analysis Report
Prepared for you on Tuesday, September 27, 2022.
CRUDE OIL (E-MINI) Aug 2023 (NYMEX:QM.Q23)
Strong Downtrend (-100) - QM.Q23 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, QM.Q23 continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid QM.Q23?
MarketClub looks at technical strength and momentum to determine if the timing is right for QM.Q23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QM.Q23
The long-term trend has been DOWN since Sep 1st, 2022 at 80.55
The intermediate-term trend has been DOWN since Sep 1st, 2022 at 81.75
The short-term trend has been DOWN since Sep 23rd, 2022 at 76.00
Smart Scan Analysis for QM.Q23
Based on our trend formula, QM.Q23 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).