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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.

NYMEX_QM.U20
Open High Low QM.U20 Price Change
34.000 34.725 33.350 33.350 -0.075
Entry Signal

MarketClub’s Trade Triangles for QM.U20

long term down The long-term trend has been DOWN since Jan 30th, 2020 at 51.600

intermediate term up The intermediate-term trend has been UP since Apr 6th, 2020 at 34.075

short term up 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).

+60
Smart Scan Analysis for QM.U20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
34.000 34.725 33.350 33.350 -0.075
Prev. Close Volume Bid Ask Time
30.750 49 2020-04-07 14:17:26
Expiration2020-08-19Open Time18:00
Close Time17:00
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