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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.
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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 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).
| 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 Delivery | 2021-12-31 | Expiration | 2021-11-18 |
| Open Time | 18:00 | Close Time | 17:00 |