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Future Trend Analysis Report

Prepared for you on Tuesday, December 7, 2021.

CRUDE OIL (E-MINI) Dec 2024 (NYMEX:QM.Z24)

Weak Downtrend (-65) - QM.Z24 is showing signs of a strengthening downtrend. Monitor QM.Z24 as it may be building momentum to the downside.

Is it time to buy, sell, or avoid QM.Z24?

MarketClub looks at technical strength and momentum to determine if the timing is right for QM.Z24.

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

NYMEX_QM.Z24
Open High Low QM.Z24 Price Change
61.125 61.125 61.125 63.100 -2.825
Entry Signal

MarketClub’s Trade Triangles for QM.Z24

long term up The long-term trend has been UP since Oct 13th, 2021 at 61.075

intermediate term down The intermediate-term trend has been DOWN since Nov 26th, 2021 at 63.000

short term down The short-term trend has been DOWN since Nov 26th, 2021 at 63.000

Smart Scan Analysis for QM.Z24

Based on our trend formula, QM.Z24 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for QM.Z24
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
61.125 61.125 61.125 63.100 -2.825
Prev. Close Volume Bid Ask Time
61.125 2 2021-11-26 11:18:49
Expiration2024-11-19Open Time18:00
Close Time17:00
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