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Future Trend Analysis Report

Prepared for you on Tuesday, March 2, 2021.

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

Countertrend Up (+85) - QM.Z21 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.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
55.925 57.050 55.550 56.900 +0.650
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 down The short-term trend has been DOWN since Mar 1st, 2021 at 57.15

Smart Scan Analysis for QM.Z21

Based on our trend formula, QM.Z21 is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for QM.Z21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
55.925 57.050 55.550 56.900 +0.650
Prev. Close Volume Bid Ask Time
56.250 47 2021-03-02 11:32:19
First Delivery2021-12-31Expiration2021-11-18
Open Time18:00Close Time17:00
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