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Future Trend Analysis Report
Prepared for you on Monday, October 25, 2021.
CRUDE OIL (E-MINI) Dec 2021 (NYMEX:QM.Z21)
Long-Term Uptrend (+90) - QM.Z21 is in a strong uptrend that is likely to continue. While QM.Z21 is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution 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.
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MarketClub’s Trade Triangles for QM.Z21
The long-term trend has been UP since Dec 9th, 2020 at 45.800
The intermediate-term trend has been UP since Aug 29th, 2021 at 68.225
The short-term trend has been UP since Oct 24th, 2021 at 84.225
Smart Scan Analysis for QM.Z21
Based on our trend formula, QM.Z21 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 83.925 | 84.775 | 83.725 | 84.325 | +0.575 |
| Prev. Close | Volume | Bid | Ask | Time |
| 83.775 | 3736 | 2021-10-25 05:22:37 |
| First Delivery | 2021-12-31 | Expiration | 2021-11-18 |
| Open Time | 18:00 | Close Time | 17:00 |