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Future Trend Analysis Report

Prepared for you on Wednesday, August 12, 2020.

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

Countertrend Up (+85) - QM.Z20 is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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
42.525 42.650 42.500 42.575 +0.075
Entry Signal

MarketClub’s Trade Triangles for QM.Z20

long term up The long-term trend has been UP since Jul 8th, 2020 at 41.425

intermediate term up The intermediate-term trend has been UP since May 17th, 2020 at 32.700

short term down The short-term trend has been DOWN since Aug 3rd, 2020 at 40.750

Smart Scan Analysis for QM.Z20

Based on our trend formula, QM.Z20 is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for QM.Z20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
42.525 42.650 42.500 42.575 +0.075
Prev. Close Volume Bid Ask Time
37.600 7 2020-08-11 22:10:26
First Delivery2020-12-31Expiration2020-11-19
Open Time18:00Close Time17:00
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