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Future Trend Analysis Report

Prepared for you on Wednesday, May 12, 2021.

CRUDE OIL (E-MINI) Nov 2021 (NYMEX:QM.X21)

Strong Uptrend (+100) - QM.X21 is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, QM.X21 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.X21?

MarketClub looks at technical strength and momentum to determine if the timing is right for QM.X21.

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

NYMEX_QM.X21
Open High Low QM.X21 Price Change
65.0 65.0 65.0 65.0 +1.9
Entry Signal

MarketClub’s Trade Triangles for QM.X21

long term up The long-term trend has been UP since Dec 3rd, 2020 at 45.425

intermediate term up The intermediate-term trend has been UP since Apr 14th, 2021 at 59.650

short term up The short-term trend has been UP since May 12th, 2021 at 63.575

Smart Scan Analysis for QM.X21

Based on our trend formula, QM.X21 is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+100
Smart Scan Analysis for QM.X21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
65.0 65.0 65.0 65.0 +1.9
Prev. Close Volume Bid Ask Time
63.1 1 2021-05-12 09:49:00
Expiration2021-10-19Open Time18:00
Close Time17:00
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