Free Daily Analysis
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.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for QM.Z21
The long-term trend has been UP since Dec 9th, 2020 at 45.80
The intermediate-term trend has been UP since Feb 2nd, 2021 at 51.55
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).
| 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 Delivery | 2021-12-31 | Expiration | 2021-11-18 |
| Open Time | 18:00 | Close Time | 17:00 |