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.
MarketClub’s Trade Triangles for QM.V20
The long-term trend has been UP since Jul 2nd, 2020 at 40.950
The intermediate-term trend has been DOWN since Sep 3rd, 2020 at 41.425
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).