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Future Trend Analysis Report

Prepared for you on Tuesday, April 7, 2020.

CRUDE OIL (E-MINI) Nov 2020 (NYMEX:QM.X20)

Bull Market Weakness (+75) - QM.X20 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on QM.X20 as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid QM.X20?

MarketClub looks at technical strength and momentum to determine if the timing is right for QM.X20.

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

NYMEX_QM.X20
Open High Low QM.X20 Price Change
34.850 35.250 34.850 35.250 +1.175
Entry Signal

MarketClub’s Trade Triangles for QM.X20

long term down The long-term trend has been DOWN since Jan 16th, 2020 at 56.325

intermediate term up The intermediate-term trend has been UP since Apr 6th, 2020 at 34.600

short term up The short-term trend has been UP since Apr 3rd, 2020 at 32.900

Smart Scan Analysis for QM.X20

Based on our trend formula, QM.X20 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for QM.X20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
34.850 35.250 34.850 35.250 +1.175
Prev. Close Volume Bid Ask Time
32.675 11 2020-04-07 08:39:50
Expiration2020-10-19Open Time18:00
Close Time17:00
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