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Future Trend Analysis Report

Prepared for you on Friday, February 21, 2020.

CRUDE OIL (E-MINI) Dec 2020 (NYMEX:QM.Z20)

Sidelines Mode (-55) - QM.Z20 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid QM.Z20?

MarketClub looks at technical strength and momentum to determine if the timing is right for QM.Z20.

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

NYMEX_QM.Z20
Open High Low QM.Z20 Price Change
53.050 53.100 52.300 52.350 -0.975
Entry Signal

MarketClub’s Trade Triangles for QM.Z20

long term down The long-term trend has been DOWN since Jan 26th, 2020 at 51.100

intermediate term up The intermediate-term trend has been UP since Feb 18th, 2020 at 52.600

short term down The short-term trend has been DOWN since Feb 21st, 2020 at 52.425

Smart Scan Analysis for QM.Z20

Based on our trend formula, QM.Z20 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for QM.Z20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
53.050 53.100 52.300 52.350 -0.975
Prev. Close Volume Bid Ask Time
55.200 69 2020-02-21 11:17:38
First Delivery2020-12-31Expiration2020-11-19
Open Time18:00Close Time17:00
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