Free Daily Analysis

Future Trend Analysis Report

Prepared for you on Monday, May 17, 2021.

CRUDE OIL (E-MINI) Dec 2021 (NYMEX:QM.Z21)

Strong Uptrend (+100) - QM.Z21 is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, QM.Z21 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.Z21?

MarketClub looks at technical strength and momentum to determine if the timing is right for QM.Z21.

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

NYMEX_QM.Z21
Open High Low QM.Z21 Price Change
63.300 64.200 63.100 64.200 +0.775
Entry Signal

MarketClub’s Trade Triangles for QM.Z21

long term up The long-term trend has been UP since Dec 9th, 2020 at 45.80

intermediate term up The intermediate-term trend has been UP since Feb 2nd, 2021 at 51.55

short term up The short-term trend has been UP since May 17th, 2021 at 63.50

Smart Scan Analysis for QM.Z21

Based on our trend formula, QM.Z21 is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+100
Smart Scan Analysis for QM.Z21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
63.300 64.200 63.100 64.200 +0.775
Prev. Close Volume Bid Ask Time
63.575 43 2021-05-17 16:00:59
First Delivery2021-12-31Expiration2021-11-18
Open Time18:00Close Time17:00
Get a free daily analysis and signals for CRUDE OIL (E-MINI) Dec 2021 (QM.Z21) - Request Your Free Report.