Future Trend Analysis Report
Prepared for you on Tuesday, April 7, 2020.
CRUDE OIL (E-MINI) Sep 2020 (NYMEX:QM.U20)
Crossroads (+60) - QM.U20 is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid QM.U20?
MarketClub looks at technical strength and momentum to determine if the timing is right for QM.U20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QM.U20
The long-term trend has been DOWN since Jan 30th, 2020 at 51.600
The intermediate-term trend has been UP since Apr 6th, 2020 at 34.075
The short-term trend has been UP since Apr 3rd, 2020 at 31.175
Smart Scan Analysis for QM.U20
Based on our trend formula, QM.U20 is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).