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Future Trend Analysis Report

Prepared for you on Tuesday, September 22, 2020.

CRUDE OIL (E-MINI) Oct 2020 (NYMEX:QM.V20)

Crossroads (-60) - QM.V20 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.V20?

MarketClub looks at technical strength and momentum to determine if the timing is right for QM.V20.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NYMEX_QM.V20
Open High Low QM.V20 Price Change
40.850 41.275 38.700 39.300 -1.700
Entry Signal

MarketClub’s Trade Triangles for QM.V20

long term up The long-term trend has been UP since Jul 2nd, 2020 at 40.950

intermediate term down The intermediate-term trend has been DOWN since Sep 3rd, 2020 at 41.425

short term down The short-term trend has been DOWN since Sep 21st, 2020 at 40.300

Smart Scan Analysis for QM.V20

Based on our trend formula, QM.V20 is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for QM.V20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
40.850 41.275 38.700 39.300 -1.700
Prev. Close Volume Bid Ask Time
40.175 333 2020-09-21 14:27:33
Expiration2020-09-21Open Time18:00
Close Time17:00
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