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Future Trend Analysis Report

Prepared for you on Wednesday, May 12, 2021.

CRUDE OIL (E-MINI) Oct 2021 (NYMEX:QM.V21)

Strong Uptrend (+100) - QM.V21 is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, QM.V21 continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

Is it time to buy, sell, or avoid QM.V21?

MarketClub looks at technical strength and momentum to determine if the timing is right for QM.V21.

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

NYMEX_QM.V21
Open High Low QM.V21 Price Change
64.575 65.650 64.575 65.650 +1.075
Entry Signal

MarketClub’s Trade Triangles for QM.V21

long term up The long-term trend has been UP since Nov 27th, 2020 at 45.425

intermediate term up The intermediate-term trend has been UP since Apr 14th, 2021 at 59.775

short term up The short-term trend has been UP since Apr 29th, 2021 at 61.225

Smart Scan Analysis for QM.V21

Based on our trend formula, QM.V21 is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+100
Smart Scan Analysis for QM.V21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
64.575 65.650 64.575 65.650 +1.075
Prev. Close Volume Bid Ask Time
64.575 12 2021-05-12 10:43:05
Expiration2021-09-20Open Time18:00
Close Time17:00
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